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June 05, 2025
 

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CORRUPTION

The cover-up is believed to have started in 2004 or even earlier, according to the government's Tohoku Local Finance Bureau and the Financial Services Agency.
BUSINESS / Companies
May 29, 2025
Japan lender receives business improvement order following cover-up
Former executives of the cooperative concealed fraudulent corporate loans, including through the accounts of depositors opened without their consent.
A Boeing 747 from Qatar at Palm Beach International Airport, following President Donald Trump’s tour of the plane, in West Palm Beach, Florida, on Feb. 15. The president and his family have profited from the White House more than any other occupant, normalizing activities that once would have provoked heavy blowback and official investigations.
WORLD / Politics
May 26, 2025
As Trump family monetizes presidency, profits outstrip protests
The scale and the scope of the presidential mercantilism has been breathtaking.
Then-Republican presidential candidate Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, last July.
WORLD / Politics
May 19, 2025
$TRUMP dinner blurs lines between profit and politics
Launched hours before his January inauguration, the $TRUMP memecoin is only one example of the Trump family's ever-expanding moves into cryptocurrency.
According to the Fair Trade Commission, Kadoya Sesame Mills and Takemoto Oil & Fat violated the antimonopoly law by repeatedly conspiring to raise the prices of sesame oil sold to food-makers S&B Foods and Marumiya.
BUSINESS / Companies
May 15, 2025
FTC orders sesame oil-makers to halt price cartel, issuing ¥21.98 million fine
The antitrust watchdog said the two firms formed the cartel to secure profits amid rising sesame prices due to production cuts in Africa and a weaker yen.
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
JAPAN
May 12, 2025
Transport ministry issues warning to Haneda Airport operator
The ministry summoned Japan Airport Terminal president Kazuhito Tanaka over misconduct related to a massage chair business in a terminal at Haneda Airport.
Japan Airport Terminal President Nobuaki Yokota and Chairman Isao Takashiro resigned amid an internal probe into favoritism toward a consulting firm led by a son of Makoto Koga, former secretary-general of the ruling Liberal Democratic Party, related to massage chair installations at the terminal buildings of an airport.
BUSINESS / Companies
May 9, 2025
Japan Airport Terminal's top execs step down amid corruption scandal
The company said it accepted resignation offers from the two top executives the same day.
The Tokyo High Court in Tokyo's Chiyoda Ward. The court also upheld the Tokyo District Court's sentence of 18 months in jail, suspended for three years, for Kenichiro Yokomizo, the former president of a Hakuhodo group firm.
JAPAN / Crime & Legal
May 9, 2025
Hakuhodo's appeal dismissed in Tokyo Games bid-rigging case
It is the first high court ruling in a series of bid-rigging cases related to the Tokyo Games, held in 2021.
Officials from the 15 hotel companies had met once a month to exchange information about room occupancy rates, average room prices and room reservations, according to the FTC.
JAPAN
May 8, 2025
15 hotel operators in Tokyo warned over possible price-fixing
Officials from the 15 companies had met once a month to exchange information about room occupancy rates, average room prices and room reservations, according to the FTC.
A company linked to the son of former Liberal Democratic Party heavyweight Makoto Koga is at the center of an income concealment case involving about ¥100 million tied to massage chair operations at Haneda Airport.
BUSINESS / Companies
Apr 27, 2025
Haneda terminal operator unit underreports income by ¥100 million
The subsidiary, Big Wing, was found to have concealed the income in connection with the business of installing massage chairs.
South Korea's former President Moon Jae-in speaks during a meeting at the National Assembly in Seoul on Friday
ASIA PACIFIC / Crime & Legal
Apr 25, 2025
Former South Korean leader Moon says bribery indictment is 'political'
South Korean prosecutors indicted Moon for alleged bribery on Thursday, making him the latest former leader of the country to face legal troubles.
South Korean prosecutors have indicted former President Moon Jae-in for alleged corruption.
ASIA PACIFIC / Crime & Legal
Apr 24, 2025
South Korea prosecutors indict ex-President Moon Jae-in for corruption
The case is related to the appointment of his former son-in-law at a Thai airline.
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.
Australian Prime Minister Anthony Albanese, his partner Jodie Haydon and chairman and Board President of Tennis Australia, Jayne Hrdlicka, in the stands before the Australian Open final on Jan, 28, 2024
WORLD / Politics
Apr 16, 2025
Australian politicians gifted sports tickets while weighing betting ban
Labor Prime Minister Anthony Albanese had promised a crackdown on gambling advertising following a 2023 report by his government.
Trading indexes at the New York Stock Exchange on Thursday. Bets worth millions of dollars placed on a rebound by unidentified options traders shortly before U.S. President Donald Trump's tariff pause are drawing scrutiny.
BUSINESS / Markets
Apr 11, 2025
Well-timed option trades ahead of Trump's tariff pause draw questions
Some unidentified options traders placed bets worth millions of dollars on a rebound minutes before the U.S. president's social media post sent the stock market rallying.
A National Rally demonstration in Paris on Sunday following party head Marine Le Pen's conviction for embezzlement. The far-right leader and her supporters have decried the ruling as political.
COMMENTARY / World
Apr 9, 2025
Le Pen ruling unleashes wave of hypocrisy on populist right
Across the globe, far-right populists have gained popularity as protectors of law and order, but Le Pen's conviction in France reveals the shaky foundations of this commitment.
Marine Le Pen’s embezzlement conviction and election ban intensify France’s political divide, challenge French President Emmanuel Macron’s government and set the stage for a far-right succession battle.
COMMENTARY / World
Apr 2, 2025
Le Pen’s MAGA-style martyrdom is new risk in France
One big factor could complicate Le Pen’s pivot to MAGA martyrdom, however: The antics of Trump himself.
The Tokyo District Court on Wednesday found a former judge guilty of insider trading.
JAPAN / Crime & Legal
Mar 26, 2025
Court convicts former judge over insider trading
Soichiro Sato was given two years in prison, suspended for four years, fined ¥1 million and ordered to pay an additional ¥10.2 million penalty.
The Tokyo District Court on Friday ordered major ad firm Tokyu Agency to pay a fine of ¥200 million for bid-rigging over the Tokyo Olympic and Paralympic Games.
BUSINESS / Companies
Mar 21, 2025
Tokyu Agency fined ¥200 million in Tokyo Games bid-rigging case
In the same case, former Tokyu Agency director Mitsuo Yasuda, 62, was given a prison sentence of one year and six months, suspended for three years.
A former judge has admitted to buying shares using undisclosed information about tender offers while he was seconded to the Financial Services Agency last year.
JAPAN / Crime & Legal
Mar 19, 2025
Former judge admits to insider trading
Soichiro Sato, 32, used information obtained while on secondment at the Financial Services Agency to buy company shares.
Police arrested Tsuyoshi Furusho, mayor of Saza, Nagasaki Prefecture, on Saturday in a bid-rigging case over a public works project in the town.
JAPAN / Crime & Legal
Mar 9, 2025
Nagasaki town mayor arrested in bid-rigging case
Furusho, 77, was first elected mayor of the town in 2009. He is currently in his fourth term.
How Japan's youth are slowly changing the country's work ethic
After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
Toyota Industries receives $33 billion buyout offer from group companies
Toyota group companies could establish a new holding company to privatize Toyota Industries.
Japan’s fertility rate hits record low despite government push
The total number of births dropped to about 686,000, marking the first time the figure has fallen below 700,000, according to a health ministry release on Wednesday.
South Korea’s Lee pledges to heal deep wounds as ‘president for everyone’
South Korean President Lee Jae-myung waves with his his wife, Kim Hye-gyeong, following his inauguration ceremony at the National Assembly in Seoul on Wednesday.
Hakuho’s departure highlights worrying sumo trend
Former <i>yokozuna</i> Hakuho performs a ring-entering ceremony at the Ryogoku Kokugikan in Tokyo in February 2020.
Hakuho’s departure highlights worrying sumo trend
Former <i>yokozuna</i> Hakuho performs a ring-entering ceremony at the Ryogoku Kokugikan in Tokyo in February 2020.
Japanese baseball legend Shigeo Nagashima dies at 89
Shigeo Nagashima (left), then the manager of the Tokyo Giants, waves to fans with players and coaches during a victory parade in central Tokyo in 2000. Nagashima died at the age of 89 on Tuesday.
‘A garden is a grand teacher’: The Kamakura Gardener nurtures via YouTube
American Robert Jefferson runs a YouTube channel called The Kamakura Gardener that invites viewers to enjoy the pleasures of gardening, cooking and slow living.
Waves of umami: Awaji Island's culinary trove
Silversea Cruises' culinary program takes guests on a rich gourmet experience at wellness retreat Zenbo Seinei, where the local produce is presented in an eight-course meal.
Hegseth to prioritize China and more allied spending in Asia — but questions remain
U.S. Defense Secretary Pete Hegseth arrives for a trilateral meeting between Japan, the U.S. and Australia at the Shangri-La Dialogue security summit in Singapore on Saturday.

Podcast

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

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic
By Alex K.T. Martin

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