Mitsubishi duo guilty over faults

Two ex-Mitsubishi members of staff have been found guilty of professional negligence over the death of a woman crushed by a wheel falling off a truck.

The Mitsubishi Fuso truck model was later recalled by the Japanese firm.

Hiroshi Murakawa, 61, and Hirotoshi Miki, 59, had been overseeing quality control at Mitsubishi Motors

Japanese tycoon and his staff guilty of fraud

Controversial tycoon Takafumi Horie has been found guilty of fraud, following a six-month trial which has gripped corporate Japan.

The former boss of the once high-flying internet firm, Livedoor, was found guilty of falsifying the company’s accounts and misleading investors.

Horie, 34, was sentenced to two years and six months in prison

Sanyo knocked by accounts probe

Shares in Japanese electronics giant Sanyo have sunk 21% on news that watchdogs are probing its accounts.

The Securities and Exchange Surveillance Commission is investigating claims of financial window-dressing at the group.

According to reports, Sanyo is said to have falsified its 2003 report to post a small profit rather than a loss

Washington chip probe eyes Sony

US authorities are investigating Sony’s electronics unit and have asked for information about its static random access memory, or SRAM, business.

It comes two weeks after the Department of Justice launched an inquiry into fellow SRAM chip makers, Samsung and Cypress Semiconductor.

Sony said it would co-operate with the investigation, which it called an industry-wide inquiry

Livedoor’s Horie pleads innocence

Takafumi Horie, former boss of Japanese internet firm Livedoor who quit amid a corporate scandal, has pleaded not guilty to fraud charges in court.

Mr Horie denied violating securities laws by falsifying profit figures to boost Livedoor’s share price.

The 33-year old faces a maximum of five years in jail if found guilty

Top Japanese fund manager charged

One of Japan’s leading financiers has been charged with insider trading in relation to share deals involving internet business Livedoor.

Prosecutors have indicted Yoshiaki Murakami, who is currently under arrest, after pursuing a criminal complaint from stock market regulators.

Mr Murakami has admitted he was guilty of insider trading when buying shares in Nippon Broadcasting System in 2005

Fund chief is arrested in continuing Livedoor scandal

A leading shareholder activist in Japan has been arrested after being drawn into the Livedoor scandal rocking the country this year, prosecutors say.

Fund manager Yoshiaki Murakami had said he had unwittingly violated insider trading laws in connection with a takeover initiated by Livedoor in 2005.

The former trade ministry official also said he would resign from his fund

Livedoor executives go on trial

Executives of Livedoor, the scandal-hit Japanese internet company, have gone on trial charged with breaking stock market rules and falsifying accounts.

The four men were arrested earlier this year with Livedoor’s founder and charismatic head boss Takafumi Horie.

Mr Horie, who rose to prominence for his willingness to attack Japan’s staid and traditional business world, will face trial on his own at a later date

Toyota worker sues for harassment

A Toyota employee has filed a $190m (£103m) lawsuit in the US, alleging that the carmaker’s top American boss sexually harassed her.

Sayaka Kobayashi, 42, claims Toyota North American chief executive Hideaki Otaka, 65, made repeated sexual advances to her in 2005.

Toyota said it had a “zero tolerance” policy towards sexual harassment, but declined to make any further comment

Livedoor shareholder to sue firm

One of Livedoor’s main investors is to sue the scandal-hit Japanese firm for compensation, saying it bought its stake under false pretences.

Broadcaster Fuji Television Network said it acquired the 12.5% stake on the basis of false financial information