Tag - corporate-scandals

 
 

CORPORATE SCANDALS

Japan Times
COMMENTARY / Japan
Oct 16, 2017
Japan Inc. scandals build case for corporate reform
Another big scandal is rocking corporate Japan. This time it's Kobe Steel Ltd., a major producer, which has confessed to faking data on the quality of its materials. Everything from bullet trains to cars to U.S.-made airliners could be affected. It's doubtful that the scandal will wreak lasting damage on Japan's reputation for top-notch manufacturing quality — after all, every country's industrial giants suffer this sort of debacle from time to time. But Kobe Steel does show that Japanese companies need better corporate governance. Along with recent accounting scandals, cover-ups by major firms as well as falsified data at airbag maker Takata Corp., the incident shows that Japanese companies need to work harder to catch these problems earlier, instead of just apologizing after it's too late.
COMMENTARY / Japan
Feb 7, 2016
Corporate Japan needs to do more than apologize
To stop the endless incidents of fraud and corruption, Japan should improve corporate governance, increase press freedom and reduce reliance on dynasties for leadership.
COMMENTARY / Japan
Nov 9, 2015
Why the Takata air bag crisis threatens 'Abenomics'
A symbol of all that's wrong with Japan Inc., Shinzo Abe must make an example of the scandal-hit company.
EDITORIALS
Oct 13, 2015
Volkswagen cheats
The Volkswagen scandal has also exposed an uncomfortable truth that has long been known but rarely discussed — virtually all automakers 'cheat' on the emissions tests.
Japan Times
COMMENTARY / World
Oct 6, 2015
Let VW face the same penalties as the rest of us
Corporations are responsible for lawbreaking and murder on a massive scale. So why is it just little private individuals who get the book thrown at them?
COMMENTARY / Japan
Jul 22, 2015
Toshiba scandal exposes Japan's weak oversight
It's well and good that three of Toshiba's top executives have resigned in the wake of a $1.2 billion accounting scandal, but when do we see some criminal indictments?

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores