ILEA000016418: 14-year jail sentenced in Aomori embezzlement case

Ghosn's wife Carole

Carole Ghosn, wife of former Nissan Motor Co. Chairman Carlos Ghosn, is pictured on Jan. 7, 2020, as a car carrying her arrives at his residence in Beirut. Tokyo prosecutors obtained an arrest warrant for her the same day for allegedly committing perjury when she appeared in court the previous year in connection with her husband's suspected misuse of the company's funds. (Kyodo) ==Kyodo

Joint Conference by SOMPO Holdings and Palantir Technologies

Palantir Technologies (California) , a U.S. provider of big data analysis, announced on the 18th that it has established a joint venture with SOMPO Holdings (HD) (photo). On December 1, Palantir will provide a service to analyze all kinds of data within Japanese companies and public institutions, including Excel, e-mail, and call records. The data will be used to predict the possibility of free recalls of automobile parts and to detect money laundering. The new company, Palantir Technologies Japan (Chuo Ward, Tokyo), is 50% owned by Palantir and 50% by SOMPOHD. It will be capitalized at 100 million dollars (about 10.8 billion yen), and aims to achieve sales of 100 billion yen in the medium to long term. President Kengo Sakurada expressed his hope that the company will pursue its dream of becoming a real data platformer. Photo taken on November 18, 2019, credit: Nikkan Kogyo Shimbun / Kyodo News Images

Obic's Cloud Data Center

Obic is focusing on its "Obic 7 Cloud Solution," which provides an integrated business package (ERP) in a cloud computing environment. Cloud-related sales for the April-September period were 5.2 billion yen, up 60% from the same period last year. In the fiscal year ending March 2020, the company expects to achieve 10 billion yen, up about 33% from the fiscal year ending March 2007. The use of cloud computing has been supported by client companies for its ability to achieve short-term system implementation and optimization. Obic 7 Cloud is a cloud-based service that provides accounting, HR, attendance, business, and industry solutions. The company says that cloud adoption among its entire customer base is around 30%. The company has a high market share in ERP for small and medium-sized businesses. The company plans to achieve cloud usage by all users, including small and midsize businesses, over the next few years. Photo taken on May 27, 2019, credit: Nikkan Kogyo Shimbun / Kyodo News Images

Dollar at upper 105 yen in early Tokyo deals

TOKYO, Japan - A bulletin board in Tokyo, Japan, shows the U.S. dollar trading at an almost six-year high against the yen on Sept. 5, 2014. The dollar's gain came on the back of the view that a rosy U.S. economic outlook would cause U.S. long-term interest rates to rise, widening the gap with rates in Japan. (Kyodo)

Corporate pension manager AIJ

TOKYO, Japan - A lawyer for corporate pension fund manager AIJ Investment Advisors Co. speaks with reporters on the first floor of the building housing the office of the company in Tokyo's Nihombashi district on Feb. 24, 2012, after the Financial Services Agency ordered the company to suspend its business for one month earlier in the day on suspicion that it has lost most of its clients' money totaling about 210 billion yen. The lawyer declined to comment, citing ongoing investigations by the Securities and Exchange Surveillance Commission. (Kyodo)

79-year-old woman donates 100 mil. yen to city

SAITAMA, Japan - Chieko Sano (R), 79, gives a 100 million yen check to Warabi Mayor Hideo Yoritaka at Warabi city hall in Saitama Prefecture on Sept. 6, 2011. Sano donated the money earned from her long years of working for the local community and children.

50 people demonstrate to demand truth of Ghanaian man's death

TOKYO, Japan - The Japanese wife of a Ghanaian man who died suddenly while being deported from Japan last month, and some 50 people supporting her stage a demonstration in Tokyo's Roppongi district on April 12, 2010, to demand the Japanese government fully investigate the case. The 48-year-old wife said she believes the death of her 45-year-old husband was caused by violence by Japanese immigration officials who accompanied him aboard a flight to Cairo from Narita airport on March 22 when he was being deported for illegally staying in Japan.

Asahi aiming for 1.6 tril. yen in sales by 2012

TOKYO, Japan - Hitoshi Ogita, president of Asahi Breweries Ltd., briefs reporters on the company's long-term business plan during a press conference in Tokyo on Dec. 1, 2009. Ogita said the company is aiming to increase sales to 1.6 trillion yen in its 2012 business year as it looks to growth in Asia and other overseas beverage markets amid saturated demand at home. (Kyodo)

Dollar falls to 14-yr low vs yen in Tokyo

TOKYO, Japan - An exchange rate monitor shows the U.S. dollar hitting a 14-year low in the upper 86 yen level in Tokyo at the office of money broker Gaitame.com Co. on Nov. 26, 2009. The U.S. dollar fell to near 86.30 yen at one point on continued speculation the U.S. Federal Reserve will maintain its low-interest-rate policy for some time. (Kyodo)

Audi launches highest-class model A3 Sportback car

TOKYO, Japan - Photo shows the S3 Sportback that Audi Japan KK launched Feb. 2 as the highest-class model of the A3 Sportback series vehicle. The four-wheel-drive, five-door hatchback with a 2,000 cc engine is priced at 5.15 million yen and the Japanese arm of the German luxury automaker hopes to sell 350 of the cars by the end of the year. (Kyodo)

14-year jail sentenced in Aomori embezzlement case

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