Ex-Kanebo execs plead guilty to falsifying financial statements

Ex-Kanebo execs plead guilty to falsifying financial statements

TOKYO, Japan - Takashi Hoashi, former president of Kanebo Ltd., enters the Tokyo District Court in Tokyo on Nov. 30 to attend his trial. Hoashi pleaded guilty to falsifying Kanebo's financial statements to cover up a capital deficit. (Kyodo)

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