The Tokyo Stock Exchange has begun hearings over possible violations of the bourse’s information disclosure rules by Nippon Meat Packers Inc. in relation to a subsidiary’s abuse of a government beef-buyback program, TSE officials said Friday.
The TSE believes Nippon Meat, better known as Nippon Ham, may have distributed releases to investors denying any wrongdoing involving its subsidiary, Nippon Food Inc., even after it learned of the deception in February in an internal investigation, they said.
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 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.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.