Daiei chief repents 'undue procedure' in group stock deals

Daiei chief repents 'undue procedure' in group stock deals

TOKYO, Japan - Tadasu Toba, president of Daiei Inc., bows deeply at a press conference on Oct. 3 at the Tokyo Chamber of Commerce and Industry to express repentance for ''undue procedure'' in trading in shares in a group company last year. Toba donated his 15.9 million yen in profit from the share deals to three organizations, including the Japan Committee for UNICEF, after the adviser pointed out that the purchase might be regarded as a case of insider trading.

  • Product Code
  • ILEA001082077
  • Registered date
  • 2000/10/03 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2000 Kyodo News
  • Media size
  • 1864 × 1578 pixel
  • Resolution
  • dpi
  • Deployment size
  • 1.20(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Tokyo Stock Exchange CEO's resignation over Oct. outage

    Tokyo Stock Exchange CEO's resignation over Oct. outage

    Akira Kiyota, CEO of Japan Exchange Group Inc., the parent company of Tokyo Stock Exchange Inc., attends a press conference in Tokyo on Nov. 30, 2020. TSE President and CEO Koichiro Miyahara stepped down the same day to take responsibility for a system failure in October that caused an unprecedented full-day trading suspension.
      Tokyo Stock Exchange CEO's resignation over Oct. outage

      Tokyo Stock Exchange CEO's resignation over Oct. outage

      Akira Kiyota, CEO of Japan Exchange Group Inc., the parent company of Tokyo Stock Exchange Inc., attends a press conference in Tokyo on Nov. 30, 2020. TSE President and CEO Koichiro Miyahara stepped down the same day to take responsibility for a system failure in October that caused an unprecedented full-day trading suspension.
        Tokyo Stock Exchange CEO's resignation over Oct. outage

        Tokyo Stock Exchange CEO's resignation over Oct. outage

        Akira Kiyota, CEO of Japan Exchange Group Inc., the parent company of Tokyo Stock Exchange Inc., attends a press conference in Tokyo on Nov. 30, 2020. TSE President and CEO Koichiro Miyahara stepped down the same day to take responsibility for a system failure in October that caused an unprecedented full-day trading suspension.
          Fitness club chain Rizap President Seto

          Fitness club chain Rizap President Seto

          Takeshi Seto, president of Japanese fitness club chain Rizap Group Inc., explains his company's 2018 earnings at a press conference in Tokyo on Feb. 14, 2019. The company suffered an 8.1 billion yen consolidated net loss in the reporting year in a reversal from the previous year's profit of 5.2 billion yen. (Kyodo) ==Kyodo
            Honda's group net profit down for 1st time in 3 yrs

            Honda's group net profit down for 1st time in 3 yrs

            TOKYO, April 28 Kyodo - Tetsuo Iwamura, executive vice president of Honda Motor Co., announces the company's earnings results for the year ended in March 2015 at a press conference in Tokyo on April 28, 2015. Honda's group net profit fell for the first time in three years, down 8.9 percent from a year earlier to 522.76 billion yen ($4.4 billion), hurt by recall-related costs and sluggish sales in Japan.
              Softbank cuts profit forecast

              Softbank cuts profit forecast

              TOKYO, Japan - Masayoshi Son (R), president of Softbank Corp., announces the company's earnings forecast for fiscal 2014 at a press conference in Tokyo on Nov. 4, 2014. Softbank cut its group operating profit forecast for the year through March 2015 to 900 billion yen from 1 trillion yen, citing a slump at its U.S. mobile unit Sprint Corp.
                Sharp's 1st-half operating profit falls 13.6%

                Sharp's 1st-half operating profit falls 13.6%

                TOKYO, Japan - Sharp Corp. President Kozo Takahashi holds a press conference in Tokyo on Oct. 31, 2014. Sharp said its group operating profit in the April-September half fell 13.6 percent from a year earlier to 29.22 billion yen.
                  M'bishi Motors net profit surges 30% in April-Sept.

                  M'bishi Motors net profit surges 30% in April-Sept.

                  TOKYO, Japan - Mitsubishi Motors Corp. Chairman Osamu Masuko attends a press conference in Tokyo, Japan, on Oct. 29, 2014. The company said while its group net profit for the April-September period surged 30.3 percent from a year earlier to 60.89 billion yen thanks to cost-cutting efforts and the yen's depreciation, it was downgrading its sales forecast for the entire fiscal 2014 to 2.18 trillion yen from the previously projected 2.3 trillion yen.
                    Honda posts 18.8% rise in 1st-half group net profit

                    Honda posts 18.8% rise in 1st-half group net profit

                    TOKYO, Japan - Tetsuo Iwamura, executive vice president of Honda Motor Co., attends a press conference in Tokyo on Oct. 28, 2014. The company lowered its group net profit outlook for the business year through March 2015 despite solid profit growth in the first half, amid faltering demand in Japan and some other Asian markets.
                      McDonald's Japan expects loss on expired meat scandal

                      McDonald's Japan expects loss on expired meat scandal

                      TOKYO, Japan - Sarah Casanova, president of McDonald's Holdings Co. (Japan), tells a press conference in Tokyo on Oct. 7, 2014, that the company expects to post a group net loss of 17 billion yen for 2014 due to an expired chicken meat scandal earlier in the year.