Tag - corporate-governance

 
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July 04, 2025
 

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CORPORATE GOVERNANCE

Nidec announced its takeover bid for machine manufacturer Makino Milling Machine without first making a proposal. Such nonconsensual takeover bids are increasing.
BUSINESS / Companies
Jan 29, 2025
Japanese ministry opens door to taboo corporate takeovers
It used to be common for takeover bids to be launched after both sides reached an agreement in behind-the-scenes negotiations.
Kobayashi Pharmaceutical executives bow their heads at a news conference in Osaka in March following a health hazard scandal involving the firm's supplements containing red fermented rice.
JAPAN / Crime & Legal
Jan 29, 2025
Hong Kong fund to sue former Kobayashi Pharma execs
The fund will seek a total of roughly ¥11 billion in damages from former Chairman Kazumasa Kobayashi and six then-board directors.
Fuji TV adviser Hisashi Hieda in 2005
JAPAN / Media
Jan 29, 2025
Who are the key figures involved in the growing Fuji TV scandal?
Koichi Minato, who resigned as president of Fuji TV on Monday, will be one focus of a third-party probe, given his executive role when the incident occurred.
Members of the popular Japanese pop group SMAP, including scandal-plagued Masahiro Nakai (right), perform in Beijing in September 2011.
COMMENTARY / Japan
Jan 29, 2025
A pop-star sex scandal shows the death throes of old Japan
As the leader of a now-defunct boy band SMAP, the 52-year-old Nakai has been a ubiquitous mainstay in Japanese life for decades.
Members of the media raise their hands for questions as outgoing Fuji TV President Koichi Minato attends a news conference in Tokyo on Monday.
JAPAN / Explainer
Jan 28, 2025
What we learned at Fuji TV's marathon Nakai scandal news conference
Longtime executive of Fuji TV Hisashi Hieda, who has been dubbed the “emperor” of the broadcaster, was not present at the news conference and did not resign.
A government panel said Norinchukin Bank's huge losses stemmed from excessive investments in foreign bonds.
BUSINESS
Jan 28, 2025
Norinchukin urged to tap outside expertise and diversify portfolio after losses
A government panel has advised the bank to increase members of its board with experience in financial markets, including from outside the organization.
Fuji TV President Koichi Minato (left) and Chairman Shuji Kanoh, also chairman of the broadcaster's parent company Fuji Media Holdings, bow during a news conference in Tokyo on Monday. The two have announced their resignations.
JAPAN / Society
Jan 28, 2025
Fuji TV president resigns over handling of Masahiro Nakai scandal
Koichi Minato has been the target of criticism following the revelation that he became aware of the incident involving Nakai right after it occurred in June 2023.
Japan has lagged far behind other advanced economies on lists of female representation in positions of authority, and ranks 118th among 146 nations in the World Economic Forum’s gender equity rankings.
BUSINESS / Companies
Jan 28, 2025
JPMorgan AM Japan appoints Komatsu as first female CEO
Japan has lagged far behind other advanced economies on lists of female representation in positions of authority.
Members of the media crowd the venue before the start of a news conference at Fuji TV's headquarters in Tokyo on Monday.
JAPAN / Society / First person
Jan 28, 2025
Yelling and random tangents: What it was like covering Fuji TV's 10-hour presser
The once-in-a-lifetime news conference showed what would happen when the Japanese press was given total freedom with no time limits.
H.I.S. CEO Motoshi Yada holds a news conference on Monday in Tokyo's Minato Ward.
JAPAN / Crime & Legal
Jan 28, 2025
H.I.S. says it received COVID aid inappropriately
H.I.S. will return about ¥6.4 billion in subsidies, which were provided by the government to pandemic-hit companies to help them pay leave allowances to their workers.
Nissan’s latest crisis surfaced in November when it reported a 94% drop in first-half net income.
BUSINESS / Companies
Jan 27, 2025
Nissan eyes cuts without resorting to plant closures, sources say
The carmaker will focus on reducing and consolidating existing production lines both in Japan and overseas to cut costs.
U.S. President Donald Trump addresses the World Economic Forum's annual meeting in Davos, Switzerland, via videoconference on Thursday.
COMMENTARY / World
Jan 27, 2025
The Davos ‘vibe shift’ is no surprise
This year, Davos was different. Significant slices of corporate America have been divesting themselves of the world-saving ideals that Davos is built on.
US Steel’s Mon Valley facility in Pennsylvania. Activist investor Ancora Holdings Group has nominated nine candidates for U.S. Steel’s board and is pushing for the company to abandon a takeover by Nippon Steel.
BUSINESS / Companies
Jan 27, 2025
Ancora seeks U.S. Steel board revamp and end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal and instead collect a $565 million breakup fee.
Fuji Media Holdings' headquarters in Tokyo's Minato Ward on Thursday
JAPAN / Media
Jan 25, 2025
Fuji TV board to meet on Monday to discuss scandal
The board is expected to discuss the company's response to calls for Fuji Television executives, including President Koichi Minato, to take responsibility over the scandal.
Fuji TV's headquarters in Tokyo on Thursday
BUSINESS / Markets
Jan 24, 2025
Scandal-hit Fuji Media stock trading soars 1,767% on shakeup bet
A total of 237.8 million shares changed hands in Tokyo, compared with 12.74 million last week.
Fuji Television's poor handling of sexual misconduct allegations against celebrity Masahiro Nakai has led to an exodus of sponsors from the broadcaster.
JAPAN / Media / FOCUS
Jan 24, 2025
What are the real issues behind the Fuji TV scandal?
Fuji TV's handling of sexual misconduct allegations against TV personality Masahiro Nakai led to a firestorm of public disapproval. Where did it go wrong?
Japan Airlines' chief executive officer and its chairman will be subject to a 30% pay cut for two months over an incident involving two pilots drinking.
BUSINESS / Companies
Jan 24, 2025
JAL top executives have their pay docked after pilot drinking incident
The punishments stem from an incident last month when two captains caused a flight to be delayed by around three hours after alcohol was found in their systems.
TV star Masahiro Nakai abruptly announced his retirement Thursday as the fallout from sexual misconduct allegations against him continued to expand.
JAPAN
Jan 23, 2025
Ex-SMAP member Masahiro Nakai to retire amid sexual misconduct allegations
The 52-year-old former SMAP member said his contracts had been wound up, and that negotiations with sponsors were in progress.
Fuji Media Holdings' headquarters in Tokyo's Minato Ward. The company will hold an extraordinary board meeting on Thursday over the firestorm sparked by TV host Masahiro Nakai's alleged sexual misconduct.
JAPAN / Media
Jan 22, 2025
Fuji TV scandal sparks probes on exploitation within TV industry
The sexual misconduct allegations against TV host and former SMAP member Masahiro Nakai have thrown a spotlight on the TV industry's culture and ethics.
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
BUSINESS / Companies
Jan 21, 2025
Nissan to end production of compact van as Honda rescue looms
Manufacturing unit Nissan Shatai hasn’t made any decisions on job cuts, a Nissan spokesperson said.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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