Japan Post Holdings Co. units to check terms of all customers' insurance policies
Japan Post Insurance Co. and Japan Post Co. will look into all outstanding life insurance policies sold by them and examine whether the terms of the contracts meet customers’ demands.
Japan Post Insurance admits mismanaging over 90,000 policies, including duplicate premium payments
Japan Post Insurance Co. has admitted mismanagement in connection with more than 90,000 insurance policies, the biggest scandal for the country's dominant postal group since its privatization in 2007. The company on Wednesday said it has found about 22,000 cases in which customers were forced ...
Admiral tapped to lead U.S. Navy will instead retire; bad judgment cited
The four-star admiral set to become the U.S. Navy's top officer on Aug. 1 will instead retire, an extraordinary downfall prompted by what Navy Secretary Richard Spencer on Sunday called poor judgment regarding a professional relationship. The sudden move by Adm. William Moran may add ...
Japan's systemic barriers to gender equality
The recent scandal involving medical universities rigging the exam results of female applicants are a reminder of the persistent gender discrimination and inequality in action within Japanese society.
Abe criticized for calling elevator installation at Osaka Castle a 'big mistake' during G20 dinner
Prime Minister Shinzo Abe’s remarks during a Group of 20 dinner that the installation of elevators at Osaka Castle was a “big mistake” are called inappropriate and lacking consideration for people with disabilities.
Ghosn abruptly cancels news conference due to opposition from his family
Former Nissan Motor Co. Chairman Carlos Ghosn abruptly canceled a news conference on Friday, just hours after notifying the media of the plan, due to opposition from his family, one of his lawyers said. Ghosn, who is preparing for a trial over financial misconduct charges, ...
Over 2,000 doctors in Japan found to have worked without pay at university hospitals
More than 2,000 doctors at 50 university hospitals in Japan have been working without pay, and many lack employment contracts or compensation insurance, the education ministry said Friday, based on a recent survey. "The findings are very regrettable, and it is only natural to correct ...
Japan securities regulator seeking to fine Nissan more than ¥2 billion, says source
Japan's securities regulator will seek a fine on Nissan Motor Co. of more than ¥2 billion ($19 million) for allegedly underreporting the pay of the company's former chairman, Carlos Ghosn, according to a person familiar with the matter. The Securities and Exchange Surveillance Commission will ...
Yamashita will replace Tsunekazu Takeda who retired as JOC president amid an investigation over alleged bribery during Tokyo’s bid to host the Tokyo 2020 Olympic and Paralympic Games.
Nissan to cancel Carlos Ghosn's retirement and stock-linked compensation benefits
In the latest steps by the Japanese automaker to distance itself from its former chairman, Nissan Motor Co. is canceling yet-to-be-paid compensation benefits for Carlos Ghosn. Ghosn, who was arrested in November on charges of financial misconduct, will no longer receive unpaid retirement benefits of ...
Regulator mulls fining Nissan ¥2.4 billion over Ghosn pay report
The Securities and Exchange Surveillance Commission is considering fining Nissan Motor Co. at least ¥2.4 billion ($22 million) over allegations the automaker underreported former chairman Carlos Ghosn's remuneration, a source close to the matter said Wednesday. The recommendation by the securities watchdog, which has filed ...
Talent agency suspends 11 comedians for accepting money from alleged organized crime group
A major talent agency on Monday suspended 11 of its comedians for conducting "underground business" and attending a party hosted by a purported organized crime group without consulting with the company. Yoshimoto Kogyo Co. said it has determined that the comedians, including Hiroyuki Miyasako, 49, ...
