Ex-official Was Executive At Plant Security Firm

Ex-official was executive at plant security firm

It has been learned that a former deputy mayor of the town of Takahama in central Japan who gave money and gifts to executives of Kansai Electric Power Company was a director of a local firm in charge of nuclear plant security.

Eiji Moriyama gave money and gifts worth about 3 million dollars to top executives and other officials of KEPCO, the operator of the Takahama nuclear plant in the town, over seven years through 2018. Moriyama died this year.

Nissan Ceo Saikawa Admits He Was Overpaid, In Policy Violation

Nissan CEO Saikawa admits he was overpaid, in policy violation

TOKYO — Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn. An internal investigation found that Saikawa and other executives had received improper compensation, a source with knowledge of the matter told Reuters, raising doubts about Saikawa's pledge to improve governance in the wake of Ghosn's arrest last year for alleged financial misconduct. Saikawa apologized and vowed to return any improperly paid money as he admitted to Japanese reporters earlier on Thursday that he had wrongly received stock-related compensation under "a scheme of the Ghosn era." "I am deeply sorry for causing concern," Saikawa said, according to Jiji Press. In other comments reported by Kyodo news, Saikawa denied any direct role in the execution of a stock appreciation rights (SAR) scheme and said he thought "proper procedures" had been taken. The improper payments, including tens of millions of yen Saikawa received through the SAR scheme, were disclosed on Wednesday at a meeting of Nissan's audit committee, said the source who declined to be identified because the information is not public. Disciplinary action regarding the issue would be discussed at an upcoming board meeting, the source added. Nissan said in a statement that the findings from its probe including issues related to the share appreciation rights would be submitted to its board on Sept. 9. The company has been trying to strengthen governance, slash costs and boost flagging profitability amid persistent allegations of financial misconduct stemming from Ghosn's 20-year reign at Japan's second-biggest automaker. Ghosn is awaiting trial in Japan over charges including enriching himself at a cost of $5 million to Nissan. Kyodo reported that proceedings could start as early as March. He denies any wrongdoing and says he is the victim of a boardroom coup. Confidence in Saikawa had already been shaken by accusations he was too close to Ghosn, whose arrest in November rocked the global auto industry and exposed tensions in the automaking partnership between Nissan and Renault SA. The company launched its internal investigation after Japanese magazine Bungei Shunju in June published accusations by former director Greg Kelly that Saikawa was granted an exception in 2013 to reschedule a stock-linked bonus that bumped up the payout by 47 million yen ($445,962). Like Ghosn, Kelly is awaiting trial on charges of financial misconduct which he denies. The latest compensation issue could exacerbate tensions with top shareholder Renault, after a failed attempt by the French automaker to secure a full merger with Nissan and to combine Renault with Fiat Chrysler (FCA). Saikawa opposed both plans. Renault spokesman Frederic Texier declined to comment on the issue on Thursday. But a source close the company said Renault would "respect Nissan's governance" and leave the board to consider its response. The alliance partners are discussing reforms that could win Nissan's support for a renewed FCA-Renault tie-up, including a potential reduction to Renault's 43.4% stake in Nissan. Saikawa was re-appointed by shareholders with the lowest approval rating among the 11 directors in June.

Stabbing Suspect's Mother: Son Was Happy In Japan

Stabbing suspect's mother: Son was happy in Japan

Police arrested a Vietnamese agricultural trainee on Monday in connection with the fatal stabbing of an elderly man and an attack on his wife in Ibaraki Prefecture, north of Tokyo, last month. The suspect's mother has told NHK her son seemed to have been happy in Japan.

The couple was attacked at their home in the town of Yachiyo in the early hours of August 24. The 76-year-old husband died. His 73-year-old wife was seriously injured.

Asdf Concludes Crashed F-35a Pilot Was Disoriented

ASDF concludes crashed F-35A pilot was disoriented

Japan's Air Self-Defense Force concludes that a fighter pilot who crashed off northern Japan in April failed to detect the jet's rapid descent because he was disoriented.

The state-of-the-art F-35A plunged into the ocean off Aomori Prefecture during a training mission, killing the pilot.

Arson Suspect May Believe His Novel Was Stolen

Arson suspect may believe his novel was stolen

Police are to look into a novel written by a person with the same name as the suspect in the deadly arson attack on a Kyoto Animation studio.

The police suspect the man bore a grudge against the firm, believing that it had stolen the plot of his novel.

Ex-classmate: Suspected Arsonist Was Introverted

Ex-classmate: Suspected arsonist was introverted

A woman who says she is a former junior high school classmate of the suspected arsonist in the deadly anime studio fire in Kyoto has told NHK that Shinji Aoba came across as an introverted student.

The woman said Aoba transferred from another school, had few friends, tended to be absent from school, and did not take part in school excursions or other events.

Bill Gates' ‘greatest Mistake Ever' Was Losing Out To Android

Bill Gates' ‘Greatest Mistake Ever' Was Losing Out To Android


Microsoft co-founder Bill Gates talked about what he considers to be his “greatest mistake every” at the company during an interview at venture capital firm Village Global. It was the company’s haphazard move from Windows Mobile to Windows Phone. That move allowed Android to become the only true alternative to Apple’s iOS platform.

“In the software world, particularly for platforms, these are winner-take-all markets. So the greatest mistake ever is whatever mismanagement I engaged in that caused Microsoft not to be what Android is,” Gates said.