Jun 27, 2015

Six bankers made over ¥100 million in fiscal 2014

Six executives at three major Japanese mega-banks earned at least ¥100 million in fiscal 2014 ended March 31, down one from the previous year, the banks’ financial statements said Friday. No executives at Mizuho Financial Group Inc. received that level of remuneration for the ...

Sony bosses to give up bonuses for fourth year straight

May 14, 2015

Sony bosses to give up bonuses for fourth year straight

Sony Corp. President Kazuo Hirai and seven other corporate executive officers will give up their bonuses for the fourth consecutive year to take responsibility for the company’s massive loss for fiscal 2014, company sources said Thursday. The eight executives, including Executive Deputy President and ...

Jan 20, 2015

Hosono, Nagatsuma, Renho named as DPJ executives

The Democratic Party of Japan’s new president on Tuesday named Goshi Hosono as party policy chief and appointed Akira Nagatsuma and Renho as deputy presidents. Katsuya Okada’s appointment of prominent party figures presents an image of unity as the DPJ tries to regain public ...

Apr 3, 2014

Heads roll at Novartis over scandal

Swiss pharmaceutical giant Novartis said Thursday it is replacing the top executives at its Japanese unit over allegations that the division hid the existence of serious potential side effects linked to leukemia treatments from regulators. David Epstein, head of the firm’s pharmaceutical division, told ...