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April 25, 2024
 

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SAIKAWA

Japan Times
BUSINESS / Companies
Oct 25, 2022
Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says
Saikawa shared his views in the interview as the two firms enter the final stage of reviewing their partnership, which has lasted more than 20 years.
Japan Times
BUSINESS
Feb 24, 2021
Ex-Nissan CEO testifies against Ghosn in alleged financial misconduct
Hiroto Saikawa admitted during the trial of Greg Kelly, who was a close aide to Ghosn, that he signed documents outlining Ghosn's post-retirement remuneration in front of his boss.
Japan Times
BUSINESS / Companies
Jun 15, 2020
Nissan email trail casts new light on takedown of Carlos Ghosn
The documents show that a powerful group of insiders viewed his detention and prosecution as an opportunity to revamp Nissan's relationship with Renault.
BUSINESS
Feb 25, 2020
Nissan warns about future of European plants as Brexit weighs
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group's car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
Japan Times
BUSINESS
Jan 28, 2020
Panel upholds decision not to indict ex-Nissan chief Hiroto Saikawa
A prosecution inquest panel has upheld a decision not to indict former Nissan Motor Co. chief Hiroto Saikawa over a case of financial misconduct allegedly involving ex-Chairman Carlos Ghosn, informed sources said.
Japan Times
JAPAN / Crime & Legal
Jan 15, 2020
Ghosn claims French envoy warned him of Nissan plot against him
Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.
Japan Times
BUSINESS / Companies
Oct 7, 2019
Ghosn whistleblower Hari Nada reportedly under pressure to leave Nissan
The push to oust the Malaysian-born lawyer has the support of Renault.
Japan Times
BUSINESS / Companies
Sep 16, 2019
Nissan CEO Hiroto Saikawa resigns; new chief to face challenge of reviving profit
Nissan Motor Co. CEO Hiroto Saikawa resigned from his post Monday after admitting to overpayment of remuneration and his successor, to be picked next month, will face immense pressure to revive profitability and repair ties with alliance partner Renault SA.
EDITORIALS
Sep 15, 2019
Nissan's challenges post-Saikawa
Whoever takes over from Saikawa faces the tough challenge of normalizing Nissan's management as quickly as possible to allow the automaker to charter a path for its revival and start pouring its resources into crucial technologies such as autonomous driving.
Japan Times
BUSINESS / Companies
Sep 15, 2019
How Nissan CEO Hiroto Saikawa went from defiant to fired in 24 hours
Hiroto Saikawa's tone bordered on defiant on Sept. 8 when discussing his future as chief executive officer of Nissan Motor Co. He accepted responsibility for the Carlos Ghosn scandals and said he'd resign after a successor was found, but he wasn't taking the fall for a burgeoning controversy over his pay.
Japan Times
COMMENTARY / Japan
Sep 10, 2019
Nissan, Ghosn and Japan's legal double standards
Nissan CEO Hiroto Saikawa's fate suggests it's riskier to be a foreign executive in Japan when trouble is afoot.
Japan Times
BUSINESS / Companies
Sep 10, 2019
Nissan ousts CEO Hiroto Saikawa over pay scandal as carmaker's turmoil deepens
Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co. is losing another leader.
Japan Times
BUSINESS / Companies / ANALYSIS
Sep 9, 2019
Hiroto Saikawa's departure only adds to Nissan's uncertainty
Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance with French Renault SA.
Japan Times
BUSINESS / Companies
Sep 8, 2019
Nissan CEO Hiroto Saikawa to step down, report says
Nissan Motor Co. CEO Hiroto Saikawa, whose tenure has been rocked by a scandal leading to the downfall of one of the most charismatic leaders in Japanese business and raising serious questions over the company's corporate governance, has expressed his intention to step down, the Nikkei business daily reported Sunday night.
Japan Times
BUSINESS / Companies
Sep 7, 2019
Top Nissan investigator into CEO Hiroto Saikawa's excess pay set to quit carmaker
Nissan Motor Co.'s internal investigation into former Chairman Carlos Ghosn's alleged financial misconduct has been completed and the results will be reported to its board meeting this coming week.
BUSINESS / Companies
Sep 6, 2019
Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa
Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Sep 5, 2019
Nissan CEO Saikawa admits receiving too much pay under executive equity plan
Saikawa said he will return the excess amount to the automaker, while revealing that other executives have also received overpayments.
Japan Times
BUSINESS / Companies
Jun 24, 2019
Ghosn lawyer asks why charges were dropped against Nissan CEO Hiroto Saikawa
Explanation requested over the decision not to indict the automaker's chief for his involvement in the ex-chairman's alleged financial misconduct.
Japan Times
BUSINESS / Companies
Jun 23, 2019
Nissan board due to question CEO Hiroto Saikawa on 2013 house purchase
Nissan Motor Co. Chief Executive Officer Hiroto Saikawa is due to be questioned by the board on Monday about allegations by a former senior executive that he broke company rules to pay for a house in Tokyo, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Jun 12, 2019
Advisory firm urges shareholders to vote against Nissan CEO Saikawa for 'clean break' from Ghosn
A proxy advisory firm urges Nissan shareholders to vote against the reappointment of CEO Hiroto Saikawa as a director, heaping more pressure on him as he struggles to find an accord with Renault.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
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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.
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By Alex K.T. Martin

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