A team of investigators into how a Japanese real-estate leasing company built substandard apartment buildings has found building materials were improperly substituted on the orders of the company's founder.
As part of an effort to streamline markets and attract more investors, the Tokyo Stock Exchange may demote about a third of its largest listed companies and cut down the bourses it operates to three from four, according to media reports.
A 7-Eleven convenience franchisee who shortened the store's business hours to 6 a.m. - 11 p.m. on Feb 1 will continue to operate those hours after the company told him it would not cancel his contract or issue a penalty. (Japan Today)
The former CEO of Olympus, who blew the whistle in 2011 on a massive accounting scandal at the medical equipment maker, has won a London court battle over alleged wrongdoing linked to his £64 million (¥9.4 billion) pension. (Japan Times)
The Tokyo District Court on Monday rejected a request by former Nissan Motor Chairman Carlos Ghosn to attend Nissan's board meeting on Tuesday. He was released on bail last week and was seeking permission to take part in the meeting.
The only dedicated coal-carrying railroad still running in Japan will cease operations at the end of this month, ending its 94-year mission to support the country’s industrial development. (Japan Times)