Tag - corporate-governance

 
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April 25, 2025
 

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CORPORATE GOVERNANCE

MUFG Bank, a unit of the nation’s biggest banking group, is among firms that recently scrapped a clerical job category that consisted almost exclusively of women, a sign that the financial sector is finally getting more serious about reducing gender inequalities.
BUSINESS / Companies
Apr 23, 2025
Top Japanese firms scrap employment system that held women back
Abandoning the clerical job category may increase opportunities for women to advance to more senior positions.
The 7-Eleven convenience store operator plans to add five new directors to the board, four of whom will be from outside the company.
BUSINESS
Apr 17, 2025
Seven & I proposes five new directors as part of board revamp
The 7-Eleven convenience store operator plans to add five new directors to the board, four of whom will be from outside the company.
SBI Holdings CEO Yoshitaka Kitao speaks during a news conference on Thursday in Tokyo.
BUSINESS / Companies
Apr 17, 2025
SBI Holdings CEO to 'fight to the end' if Fuji Media resists leadership rethink
Yoshitaka Kitao said he will increase SBI Holdings’ stake in Fuji Media Holdings depending on how the TV network responds.
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
JAPAN / Society
Apr 17, 2025
Tokyo hotel operators face possible warnings over suspected price cartel
It is believed that information sharing among the hotels, such as occupancy rates and average room prices, may have influenced pricing.
Fuji Media's headquarters in Tokyo's Minato Ward
JAPAN
Apr 16, 2025
U.S. investor to propose candidates for Fuji Media's board
Dalton Investments said in a statement that the old-fashioned corporate structure of Fuji Media must be swept away.
A Bank of Kyoto branch in the city of Kyoto. Kyoto Financial Group has been a symbol of Japan’s old guard holding out against selling the stakes, given its historic ties to exporters based in the city including Nintendo, Nidec and Kyocera.
BUSINESS / Companies
Apr 16, 2025
Kyoto bank shifts stance on mergers and cuts to cross-shareholdings
Kyoto Financial has been a symbol of Japan’s old guard holding out against selling the stakes, given its historic ties to exporters based in the city.
A former Prudential Life Insurance employee was arrested in June last year on suspicion of fraud.
BUSINESS / Companies
Apr 11, 2025
Prudential Life ordered to report preventative measures after three arrests
Between June last year and February this year, three former employees were arrested over acts of misconduct that included defrauding customers.
Environmental, social and governance funds are increasingly looking to Japan, as efforts to boost diversity are coming amid a regulatory and government push for better corporate governance.
BUSINESS / Companies
Apr 11, 2025
Trump’s DEI rollback gives Japan a chance to draw ESG inflows
Japanese firms have long lagged behind their Western peers on gender equality, but the U.S. crackdown on diversity may give them a chance to shine.
The operator of 7-Eleven convenience stores is taking a series of steps to boost its value, including share buybacks, selling the under-performing superstore business and divesting its banking unit.
BUSINESS / Companies
Apr 10, 2025
Seven & I jumps most in a month on buyback plan and broader buying
The operator of 7-Eleven convenience stores is taking a series of steps to try to boost shareholder value amid a takeover bid by Canadian retailer Alimentation Couche-Tard.
The Osaka tax bureau found ¥1.3 billion in unreported income as Kawasaki Heavy Industries pooled funds through fictitious transactions related to repair contracts for MSDF submarines.
BUSINESS / Companies
Apr 8, 2025
Kawasaki Heavy hit with ¥1 billion in back taxes over MSDF scandal
The defense contractor was found to have wined and dined Maritime Self-Defense Force personnel.
One of Honda's most senior executives resigned over allegations he’d engaged in inappropriate conduct during a social gathering outside of work hours.
BUSINESS / Companies
Apr 7, 2025
Senior Honda executive resigns after allegations of misconduct
Honda’s audit committee investigated the accusations against Shinji Aoyama, an executive vice president and board director, and compiled a disciplinary action plan.
Fuji Television Network President Kenji Shimizu (center) visits the communications ministry in Tokyo on Thursday.
JAPAN
Apr 4, 2025
Japan's government warns Fuji TV over handling of scandal
Dalton Investments, a major shareholder in Fuji Media, said Thursday that it has demanded the resignation of executives at the media group over the scandal.
A report by the U.K.-based Commonwealth Climate and Law Initiative warns that ignoring climate-related financial threats could expose executives to lawsuits, regulatory scrutiny, and financial losses.
JAPAN / Science & Health
Apr 3, 2025
Japanese execs could face lawsuits for climate inaction: report
Coauthored by legal scholars specializing in corporate governance, the study underscores the mounting financial and legal risks facing companies in Japan.
Lawyer Akira Takeuchi (center), the head of a third-party panel commissioned by Fuji TV to investigate a series of scandals at the broadcaster, fields questions along with other panel members at a news conference on Monday in Tokyo's Minato Ward.
JAPAN / Media / FOCUS
Apr 1, 2025
What the Fuji TV third-party probe uncovered
The panel concluded that TV personality Masahiro Nakai committed "sexual violence" against a female newscaster and that there is a culture of harassment at the broadcaster.
Renault and Nissan will be able to reduce their cross-ownership to no less than 10%, from 15% previously, Renault said Monday.
BUSINESS / Companies
Apr 1, 2025
Renault and Nissan back more share sales in alliance loosening
The firms will be able to reduce their cross-ownership to no less than 10%, from 15% previously, Renault said.
The headquarters of Fuji Media Holdings, Fuji TV's parent, in Tokyo's Minato Ward
JAPAN / Media
Mar 31, 2025
Fuji TV bears heavy responsibility over Nakai's 'sexual violence': panel
A third party panel's probe on a series of scandals involving the broadcaster and the TV star acknowledged the nature of his "trouble" with a woman for the first time.
U.S. President Donald Trump walks toward Air Force One at Joint Base Andrews in Maryland on Friday.
BUSINESS / Companies
Mar 31, 2025
U.S. orders French companies to comply with Trump's DEI ban
The order will spark concerns in European boardrooms that the Trump administration is widening its fight against DEI policies overseas.
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
JAPAN
Mar 30, 2025
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
As of the end of 2024, Sukiya operated 1,965 stores in Japan.
How Fuji TV responds to the results of a third-party probe will be crucial to restoring public trust — and could determine whether sponsors, whose TV ads are the company's main source of revenue, choose to return.
JAPAN
Mar 28, 2025
Fuji TV returns to spotlight as deadline for scandal probe looms
How Fuji TV responds to the report will be crucial to restoring public trust — and could determine whether sponsors choose to return.
"The most desirable decision is for companies' securities reports to be accessible to the public at least three weeks before the general meetings," financial services minister Katsunobu Kato said on Friday.
BUSINESS
Mar 28, 2025
Japan seeking securities disclosures before shareholders' meetings
The government will make the request in response to criticism from overseas investors that they do not have enough access to information ahead of the meetings.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
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By Tomoko Otake

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