The investigation into corporate malfeasance and fraud at Japan’s troubled optical equipment maker Olympus, took a new turn on Thursday with the arrest of three former Olympus officials and four others on charges of violating financial filing regulations.
A controversy is brewing among Japan’s fanatical followers of Hello Kitty: Is the character who has been plastered on everything from stickers to face massagers to toasters to panties to deodorant sprays and long officially described as an English citizen actually a Japanese national?
"TEPCO's involvement with anti-social forces and their inability to filter them out of the work-place is a national security issue," a Japanese Senator with the Liberal Democratic Party said on background.
An independent investigative panel for Japan’s troubled optical equipment maker, Olympus, released a report today, which stated that Olympus had covered up to ¥134.8 billion ($1.7 billion) in losses since the 1990s.
After months of allegations of corporate malfeasance, bad investments and illegal acts at the company, on November 11, the Tokyo Metropolitan Police officially began an investigation into the company.
Today, on October 1, new laws make all of Japan a lot less friendly for organized crime
Following Shinsuke Shimada's retirement, the star's crime links are being unraveled
How a fallen yakuza boss took down TV host Shinsuke Shimada, the Jay Leno of Japan
Before the tsunami arrived, workers say the quake left its aging Unit 1 reactor crippled
Jake Adelstein and Stephanie Nakajima report on the Japanese utility after Fukushima
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