BUSINESS – 3

Tokyo tax authorities have found that Google Japan failed to declare about ¥3.5 billion in income for 2015, a source close to the matter said Tuesday. (Japan Times)

A 59-year-old man believed to be one of the main suspects in a bogus land deal in Tokyo has been arrested, a key development in the investigation into a mass-scale fraud that swindled billions of yen from the country’s leading house builder. (Japan Times)

Carlos Ghosn’s appeal against his ongoing detention was rejected by the Tokyo District Court, according to a statement released by the court Wednesday. The ousted Nissan chairman’s lawyers will now appeal the decision at a higher court, NHK reported. (Japan Times)

The defense team for Nissan Motor's former chairman Carlos Ghosn says they are confident that he committed no crimes and there is no reason for his continued detention. (NHK)

Yusaku Maezawa, a Japanese billionaire known for having been named as the first private passenger to orbit the moon, has now become tweeter of the most retweeted tweet of all time by announcing he will give 1 million yen ($9,200) to 100 people each. (Kyodo)

A Philippine court has ordered the arrest of Japanese pachinko billionaire Kazuo Okada, about a month after the country's Department of Justice recommended the filing of charges against him over three counts of fraud. (Japan Today)

A Japanese sushi tycoon paid a record $3.1m for a giant tuna at the first predawn New Year auction in Tokyo's new fish market on Saturday. (aljazeera.com)

A Tokyo court on Monday approved prosecutors' request to extend the detention of former Nissan Motor Co Chairman Carlos Ghosn until Jan. 11 due to the latest allegation of financial misconduct. (Japan Today)

Five-year prison terms were sought Wednesday for three former executives of Tokyo Electric Power Company Holdings Inc. for their alleged failure to prevent the Fukushima nuclear disaster triggered by the March 2011 earthquake and tsunami. (Japan Times)

A close aide to former Nissan Motor Chairman Carlos Ghosn has been released from detention. Greg Kelly posted bail of about 635,000 dollars. (NHK)