BUSINESS – 6

Dec 26
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)
Dec 24
Sources say former Nissan Motor chairman Carlos Ghosn deceived the board of directors to obtain their approval for transferring the latent losses from his personal currency trading to the automaker. (NHK)
Dec 22
Japanese prosecutors re-arrested Nissan Motor Co Ltd's ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder 1.85 billion yen in personal investment losses, dashing chances he would be released on bail imminently. (Japan Today)
Dec 21
Honda Motor delivered Thursday its first HondaJet business plane in Japan to prominent investor Kotaro Chiba, co-founder of game company Colopl. (Nikkei)
Dec 21
Japan's top Coca-Cola distributor plans to pass higher transport costs on to customers with its first discretionary price hike in 27 years, a move that could unleash a wave of inflation in a risk-averse industry. (Nikkei)

Dec 20
The CEO of SoftBank Group's Japanese mobile unit on Wednesday acknowledged the "challenging conditions" facing the company after its shares fell nearly 15% on their first day of trading, leaving retail investors nursing losses. (Nikkei)
Dec 19
A month since his arrest in Japan, former Nissan Motor Chairman Carlos Ghosn continues to deny allegations of understating his compensation as prosecutors grill him on evidence they say shows his pay was set and thus legally required to disclose. (Nikkei)
Dec 18
PayPay, a mobile payments company backed by SoftBank Group Corp., Yahoo Japan Corp. and India’s largest digital-payments company Paytm, said it’s updating its app to strengthen security after multiple complaints from users of wrongful charges. (Bloomberg)
Dec 15
Japan Post Holdings Co. plans to acquire a 7 to 8 percent stake in U.S. insurer Aflac Inc. for about ¥300 billion as part of its strategy to expand operations overseas, sources familiar with the matter said Thursday. (Japan Times)
Dec 12
Rakuten Inc and Walmart Inc officially opened the first Walmart e-commerce store in Japan, the Walmart Rakuten Ichiba Store, on the Rakuten Ichiba internet shopping mall. (Japan Today)

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