OSAKA — The Osaka District Court on August 29 handed down suspended jail terms ranging from three to nine months to four former executives of Takashimaya Co.

The court convicted the four, including Hiroshi Kusumi, former managing director of the major department store company, and Kiyoshi Edasawa, former director of its general affairs department, for giving 160 million yen to sokaiya racketeer Isao Nishiura in violation of the Commercial Law. The defendants made the payoff to prevent the sokaiya from disrupting the company’s general shareholders’ meetings in 1994 and 1995, the court was told.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.