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July 05, 2025
 

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SCANDALS

Japan Times
ASIA PACIFIC / Crime & Legal
Oct 23, 2019
Malaysia privately discusses Goldman Sachs penalty of $2 billion over 1MDB scandal
Again and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping $7.5 billion for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that.
Japan Times
ASIA PACIFIC / Politics / FOCUS
Oct 15, 2019
South Korean President Moon Jae-in faces crisis with echoes of predecessor Park's downfall
Three years ago, Moon Jae-in was among the masses on the streets of Seoul seeking to oust a president accused of ignoring the people's will. Now, his own presidency is facing a similar crisis.
JAPAN
Oct 15, 2019
Hidden gold and 'murky' payoffs threaten Japan's nuclear revival
A payoff scandal has struck Japan's nuclear world, threatening to delay the restart of idled reactors in what's becoming the industry's biggest crisis since the Fukushima meltdowns of 2011.
EDITORIALS
Oct 11, 2019
Nissan's leaders will be put to test
Can the automaker's new leaders reverse its flagging fortunes?
EDITORIALS
Oct 8, 2019
Third-party probe of Kepco scandal
A third party should investigate the KEPCO scandal to determine if there was collusion.
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.
BUSINESS / Companies
Oct 7, 2019
New hedge fund will target poor corporate governance in Japan
Zuhair Khan has achieved recognition in Japan over the past few years by ranking poorly governed companies at risk of scandal. Now he's looking to see whether the list can make any money as a new hedge fund at Union Bancaire Privee.
JAPAN
Oct 2, 2019
Construction firm linked to Takahama official in Kepco scandal won ¥3 billion in orders from utility
A construction company linked to a late former deputy mayor of Takahama, Fukui Prefecture, at the center of a money scandal involving Kansai Electric Power Co. received orders worth at least ¥3 billion directly or indirectly from the Kepco group over four years, it was learned Wednesday.
BUSINESS
Sep 30, 2019
Japan Post CEO vows to restore trust in wake of insurance scandal
Japan Post Holdings Co.'s top executive vowed Monday to restore public trust after thousands of customers were missold insurance policies.
Japan Times
WORLD / Politics
Sep 30, 2019
Boris Johnson battles sex allegations as Brexit opponents plot
Boris Johnson hoped to use his Conservative Party's annual convention to launch his campaign to win the next British general election. Instead, he is fighting for his credibility as prime minister as he faces allegations of sexual impropriety and plots to oust him.
JAPAN
Sep 29, 2019
Kepco to expand probe to see if more execs and employees received cash from deputy mayor
The move comes after Kepco Chairman Makoto Yagi admitted Saturday that he and other executives received money and goods from the ex-town official.
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...
BUSINESS / Companies
Sep 13, 2019
Japan Post Bank broke rules with sales of investment trust products to thousands of seniors
Japan Post Bank improperly sold investment trust products to elderly customers in violation of its rules in a total of some 20,000 cases, sources have revealed.
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.
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...
Japan Times
JAPAN
Sep 8, 2019
MIT Media Lab director Joi Ito resigns following reports of financial ties to disgraced financier Jeffrey Epstein
The Massachusetts Institute of Technology said Saturday that Joichi Ito had resigned as director of the MIT Media Lab amid concern over his financial ties with disgraced late financier Jeffrey Epstein.
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.
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. 
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.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
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."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
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.

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