(3)Business tycoon Tsutsumi arrested in Seibu share scam

(3)Business tycoon Tsutsumi arrested in Seibu share scam

TOKYO, Japan - Prosecutors raid the head office of Seibu Railway Co. (R) and the building that houses the headquarters of Kokudo Corp. in Tokorozawa, Saitama Prefecture near Tokyo on March. 3. The two firms were raided over former Kokudo Chairman Yoshiaki Tsustumi's alleged involvement in falsifying financial statements on shareholdings in the railway operator and insider trading. Tsutsumi was arrested. (Kyodo)

  • Product Code
  • ILEA000028140
  • Registered date
  • 2005/3/03 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 1795 × 1162 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 522.43(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Seibu Railway's new limited express train

    Seibu Railway's new limited express train

    Photo taken in Tokorozawa, Saitama Prefecture, on Feb. 14, 2019, shows Seibu Railway Co.'s new limited express train Laview (L), set to start operating on March 16. The limited express New Red Arrow (R) will be gradually replaced by the Laview, through the end of 2019. (Kyodo) ==Kyodo
      NHK's new president Matsumoto

      NHK's new president Matsumoto

      TOKYO, Japan - Masayuki Matsumoto, a former vice chairman of Central Japan Railway Co., speaks during a press conference at public broadcaster NHK's head office in Tokyo on Jan. 25, 2011, after assuming his new post as president of NHK. Matsumoto is the second person in a row to be selected from a private organization to assume the top post of Japan Broadcasting Corp. (Kyodo)
        Isetan, Tokyu Department Store announce business tie-up

        Isetan, Tokyu Department Store announce business tie-up

        TOKYO, Japan - Toshiaki Koshimura (C), president of Tokyu Corp., holds a press conference in Tokyo on March 27, flanked by Isetan Co. President Shinichi Muto (L) and Tokyu Department Store Co. President Hirokazu Mizuta (R). The two department operators have agreed to form an alliance to integrate their information systems. Tokyu Corp. is a railway operator and Tokyu Department's parent.
          Ex-Daiei head Higuchi becomes COO of Microsoft Japan

          Ex-Daiei head Higuchi becomes COO of Microsoft Japan

          TOKYO, Japan - Yasuyuki Higuchi (R), former president of Daiei Inc., on March 5 became chief operating officer of the Japanese unit of Microsoft Corp., a move aimed at helping the company cope better with growing business opportunities in Japan, it said. At left is Darren Huston, president of the Japanese unit, Microsoft Co. (Kyodo)
            Marubeni eyes Aeon as tie-up partner for Daiei

            Marubeni eyes Aeon as tie-up partner for Daiei

            TOKYO, Japan - File photo shows the head office building of Aeon Co. in Chiba. Trading house Marubeni Corp. is considering choosing Aeon, the largest supermarket chain in Japan, as a business tie-up partner for Daiei Inc. to strengthen the competitiveness of the struggling supermarket chain, sources familiar with the matter said on Oct. 4.
              Sony chief reports progress on restructuring program

              Sony chief reports progress on restructuring program

              TOKYO, Japan - Sony Corp. Chairman and Chief Executive Officer Howard Stringer (R) speaks at a news conference at Sony's head office in Tokyo on June 26 about the company's business reform efforts, with President Ryoji Chubachi listening to him.
                Prosecutors search Livedoor over suspected illegal stock trading

                Prosecutors search Livedoor over suspected illegal stock trading

                TOKYO, Japan - Prosecutors walk to the headquarters of Internet firm Livedoor Co. in a skyscraper in Tokyo's Roppongi Hills on Jan. 16 to search the head office on suspicion that it has been involved in illegal securities trading by spreading unfounded takeover rumors, investigation sources said. (Kyodo)
                  Seibu Railway shareholders OK plan to reorganize group operation

                  Seibu Railway shareholders OK plan to reorganize group operation

                  TOKOROZAWA, Japan - President Takashi Goto (C) and other management members of Seibu Railway Co. bow to shareholders at the beginning of an extraordinary shareholders general meeting in Tokorozawa, Saitama Prefecture, on Dec. 21. The meeting endorsed a plan to reorganize the company's group operations under a holding firm, a move that will end control of the railway and resort conglomerate by Kokudo Corp. and business tycoon Yoshiaki Tsutsumi, who has received a suspended prison term for insider trading and falsifying statements. (Kyodo)
                    Seibu Railway shareholders OK plan to reorganize group operations

                    Seibu Railway shareholders OK plan to reorganize group operations

                    TOKOROZAWA, Japan - President Takashi Goto (C) and other management members of Seibu Railway Co. bow to shareholders at the beginning of an extraordinary shareholders general meeting in Tokorozawa, Saitama Prefecture, on Dec. 21. The meeting endorsed a plan to reorganize the company's group operations under a holding firm, a move that will end control of the railway and resort conglomerate by Kokudo Corp. and business tycoon Yoshiaki Tsutsumi, who has received a suspended prison term for insider trading and falsifying statements.
                      2 Tsutsumi brothers to launch bid for Seibu Railway

                      2 Tsutsumi brothers to launch bid for Seibu Railway

                      TOKYO, Japan - Seiji Tsutsumi (L) and Yuji Tsutsumi, the two members of the Seibu group founding family will offer to buy Seibu Railway Co. in a bid to thwart efforts by Takashi Goto, the current president of the railway firm, to move the group toward a holding company structure, sources close to the matter said on Oct. 31. Goto is working with Yoshiaki Tsutsumi, former chairman of Kokudo Corp., to restructure the Seibu group.