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[Breaking News]Prudential Life Insurance apologizes over defrauding of clients

TOKYO, Japan, Jan. 23 Kyodo - Prudential Life Insurance Co. President Kan Mabara bows in apology at a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million). (Kyodo)

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Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance Co. President Kan Mabara (far R) bows in apology at a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million).

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Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance Co. President Kan Mabara (R) bows in apology at a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million).

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Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance Co. President Kan Mabara holds a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million).

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Fujifilm to launch new Cheki series instant camera

Fujifilm to launch new Cheki series instant camera

A woman takes a selfie with Fujifilm Corp.'s latest model of the Cheki instant camera series, "instax mini LiPlay+," in Tokyo on Oct. 21, 2025, ahead of its official launch on Nov. 7. The front-facing camera, equipped with a rear monitor for easier selfies, is priced at around 28,600 yen ($190), with the series' cumulative sales surpassing 100 million units since its debut in 1998.

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Fujifilm to launch new Cheki series instant camera

Fujifilm to launch new Cheki series instant camera

A woman takes a selfie with Fujifilm Corp.'s latest model of the Cheki instant camera series, "instax mini LiPlay+," in Tokyo on Oct. 21, 2025, ahead of its official launch on Nov. 7. The front-facing camera, equipped with a rear monitor for easier selfies, is priced at around 28,600 yen ($190), with the series' cumulative sales surpassing 100 million units since its debut in 1998.

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Fujifilm to launch new Cheki series instant camera

Fujifilm to launch new Cheki series instant camera

A woman holds Fujifilm Corp.'s latest model of the Cheki instant camera series, "instax mini LiPlay+," in Tokyo on Oct. 21, 2025, ahead of its launch on Nov. 7. The front-facing camera, equipped with a rear monitor for easier selfies, is priced at around 28,600 yen ($190), with the series' cumulative sales having surpassed 100 million units since its debut in 1998.

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CORRECTED: Suzuki Motor's 1st EV

CORRECTED: Suzuki Motor's 1st EV

Suzuki Motor Corp. President Toshihiro Suzuki introduces on Sept. 16, 2025, the "e Vitara" SUV, the auto company's first battery-electric vehicle, to be released in Japan on Jan. 16, next year. The vehicle, that can travel over 430 kilometers on a single charge, will be exported from India to over 100 countries with prices starting from 3.99 million yen ($27,000).

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Suzuki Motor's 1st EV

Suzuki Motor's 1st EV

Photo taken on Sept. 16, 2025, shows the "e Vitara" SUV, Suzuki Motor Corp.'s first battery-electric vehicle to be released in Japan on Jan. 16, next year. The vehicle, that can travel over 430 kilometers on a single charge, will be exported from India to over 100 countries with prices starting from 3.99 million yen ($27,000).

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Bill with autographs of WW2 Japanese war criminals

Bill with autographs of WW2 Japanese war criminals

Photo taken in DeKalb, Illinois, in November 2024 shows a 100-yen bill with autographs believed to be those of Japanese war criminals, including Class-A war criminals executed for war crimes after World War II, such as Japan's former Prime Minister Gen. Hideki Tojo (1884-1948). The bill belonged to the late Donald Faivre, an Illinois farmer who served as a guard at Tokyo's Sugamo Prison, where such war criminals were held during the Allied occupation.

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Kumquat auction in Japan

MIYAZAKI, Japan, Jan. 16 Kyodo - A crowd of prospective buyers gather as boxes of fully ripe "Tamatama" brand kumquats produced in Miyazaki Prefecture in southwestern Japan are sold in the season's first auction in the city of Miyazaki on Jan. 16, 2025. The citrus fruits fetched 100,000 yen ($637) per kilogram in the auction. (Kyodo)

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Kumquat auction in Japan

Kumquat auction in Japan

A crowd of prospective buyers gather as boxes of fully ripe "Tamatama" brand kumquats produced in Miyazaki Prefecture in southwestern Japan are sold in the season's first auction in the city of Miyazaki on Jan. 16, 2025. The citrus fruits fetched 100,000 yen ($637) per kilogram in the auction.

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Kumquat auction in Japan

Kumquat auction in Japan

Fully ripe "Tamatama" brand kumquats are prepared for the season's first shipment in Miyazaki, southwestern Japan, on Jan. 16, 2025. The citrus fruits fetched 100,000 yen ($637) per kilogram in the season's first auction.

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US: Airport Fire Expands In Southern California, Destroys Homes 3

Airport Fire burning in Orange and Riverside Counties, Southern California has grown to more than 23,000 acres as of Wednesday morning, September 11. The fire injured at least seven people and destroyed homes.

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Japan logs trade deficit of 38 bln USD in fiscal 2023

STORY: Japan logs trade deficit of 38 bln USD in fiscal 2023 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:55 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: Japan's trade deficit in fiscal 2023 shrank around 70 percent from a year earlier to 5.89 trillion yen (about 38 billion U.S. dollars), government data showed Wednesday. In the fiscal year ended March, exports expanded 3.7 percent to 102.90 trillion yen, topping 100 trillion yen for the first time and marking a record high for the third straight year, according to a preliminary Finance Ministry report. Automobile exports, which account for about 17 percent of Japan's total, grew 30.2 percent to 17.88 trillion yen, eclipsing the previous record of 14.67 trillion yen in fiscal 2007. In contrast, imports dived 10.3 percent to 108.79 trillion yen, falling for the first time in three years, chiefly reflecting falls in imports of coal and liquefied natural gas. With a weaker yen inflati

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Japan's 2023 core inflation hits 41-year high

STORY: Japan's 2023 core inflation hits 41-year high SHOOTING TIME: Jan. 19, 2024 DATELINE: Jan. 19, 2024 LENGTH: 00:01:49 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of cities in Japan STORYLINE: Japan's core consumer prices rose 3.1 pct in 2023 from the previous year, marking the fastest growth in 41 years, the government said in a report on Friday. The core consumer price index (CPI) for the year, excluding fresh food prices because of their volatility, came in at 105.2 against the 2020 base of 100, with its pace of increase fastening from 2.3 percent in 2022, according to the Ministry of Internal Affairs and Communications. The yearly increase, which remained above the Bank of Japan's 2 percent inflation target for the second consecutive year, marked the highest level since 1983. It came despite government subsidies to lower household utility bills, underscoring higher import costs that were inflated by a sharp drop of the yen, a byproduct of the Bank of Japan's monetary easing,

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Japan's corporate bankruptcies up 35 pct in 2023

STORY: Japan's corporate bankruptcies up 35 pct in 2023 SHOOTING TIME: Earlier footage DATELINE: Jan. 17, 2024 LENGTH: 0:01:31 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of cities in Japan STORYLINE: The number of company bankruptcies in Japan increased by 35 percent in 2023 compared to the previous year due to rising prices and labor costs, a local credit research company has reported. According to a survey conducted by Tokyo Shoko Research Ltd., the number of bankrupt companies in Japan with debts exceeding 10 million yen (about 68,189 U.S. dollars) reached 8,690 in 2023. The total debt of bankrupt companies exceeded 24.026 trillion yen. Small and medium-sized enterprises with fewer employees constitute the majority of bankruptcies, according to the report, noting that the number of companies with debts below 100 million yen accounted for 74.7 percent of the total number of bankruptcies. Companies with debts exceeding 1 billion yen increased by 24 percent compared to the previous

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Kumquat auction in Japan

Kumquat auction in Japan

A crowd of prospective buyers gather as boxes of the "Tamatama" brand fully ripe kumquat produced in Miyazaki Prefecture in southwestern Japan are sold in the season's first auction in the city of Miyazaki on Jan. 16, 2023. The citrus fruits fetched 100,000 yen ($783) per kilogram in the auction.

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Kumquat auction in Japan

Kumquat auction in Japan

A crowd of prospective buyers gather as boxes of the "Tamatama" brand fully ripe kumquat produced in Miyazaki Prefecture in southwestern Japan are sold in the season's first auction in the city of Miyazaki on Jan. 16, 2023. The citrus fruits fetched 100,000 yen ($783) per kilogram in the auction.

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Kumquat auction in Japan

Kumquat auction in Japan

A crowd of prospective buyers gather as boxes of the "Tamatama" brand fully ripe kumquat produced in Miyazaki Prefecture in southwestern Japan are sold in the season's first auction in the city of Miyazaki on Jan. 16, 2023. The citrus fruits fetched 100,000 yen ($783) per kilogram in the auction.

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Euro tumbles against yen

Euro tumbles against yen

TOKYO, Japan - A display at the Tokyo office of money broker Gaitame.com Co. shows the euro trading at the 100 yen level on the morning of Dec. 29, 2011. The euro briefly fell to 100.35 yen in Tokyo the same day, the lowest since June 2001.

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Seiko Epson to debut cheaper projectors with built-in DVD players

Seiko Epson to debut cheaper projectors with built-in DVD players

TOKYO, Japan - A new model of Seiko Epson home-use, large-screen projector with a built-in DVD player displayed in Tokyo on Sept. 4. The cheapest model, with an 80-inch screen and 3.8 kilograms in weight, will cost less than 100,000 yen.

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Asashoryu fails to declare 100 mil. yen income

Asashoryu fails to declare 100 mil. yen income

TOKYO, Japan - File photo of yokozuna Asashoryu, who failed to declare some 100 million yen of income for three years through 2005. The Tokyo Regional Taxation Bureau has found the grand champion of sumo did not appropriately declare his income from performance fees of TV commercials and other sources, informed sources said Aug. 27.

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Fighters pitcher Otani attends Coming-of-Age ceremony

Fighters pitcher Otani attends Coming-of-Age ceremony

OSHU, Japan - Shohei Otani, a pitcher with Japanese Pacific League baseball club Nippon Ham Fighters who became the second player to sign a 100 million yen contract ahead of his third season out of high school, attends a Coming-of-Age ceremony in his hometown city of Oshu, Iwate Prefecture, on Jan. 11, 2015, a day before the Coming-of-Age national holiday. In Japan, municipal governments hold Coming-of-Age ceremonies to congratulate and encourage all those who have reached the age of 20 over the past year.

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Fighters pitcher Otani attends Coming-of-Age ceremony

Fighters pitcher Otani attends Coming-of-Age ceremony

OSHU, Japan - Shohei Otani (C in back), a pitcher with Japanese Pacific League baseball club Nippon Ham Fighters who became the second player to sign a 100 million yen contract ahead of his third season out of high school, poses for photos on Jan. 11, 2015, as he attends a Coming-of-Age ceremony in his hometown city of Oshu, Iwate Prefecture, on Jan. 11, 2015, a day before the Coming-of-Age national holiday. In Japan, municipal governments hold Coming-of-Age ceremonies to congratulate and encourage all those who have reached the age of 20 over the past year.

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Otani signs 100-mil.-yen contract with Fighters

Otani signs 100-mil.-yen contract with Fighters

SAPPORO, Japan - Shohei Otani of the Nippon Ham Fighters poses in Sapporo, Hokkaido, on Dec. 5, 2014, after signing for an annual salary of 100 million yen with the Japanese professional baseball club. Otani recorded a team-leading 11 wins as a pitcher while also recording a batting average of .274, 10 home runs, and 31 RBIs as a designated hitter.

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100 mil. yen calendar featuring "Frozen" unveiled

100 mil. yen calendar featuring "Frozen" unveiled

TOKYO, Japan - Photo taken on Dec. 3, 2014, in Tokyo's Ginza shopping district shows a platinum calendar for 2015 featuring the hit Disney movie "Frozen," released by Tanaka Kikinzoku Jewelry K.K. The calendar, priced at 100 million yen, will be displayed at the jeweler's flagship store in Ginza until Dec. 7, and then at other directly-managed stores nationwide.

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Uniqlo operator to offer 100 mil. yen bonus to Nishikori

Uniqlo operator to offer 100 mil. yen bonus to Nishikori

NEW YORK, United States - Japan's Kei Nishikori returns a shot during the U.S. Open men's singles final against Croatia's Marin Cilic in New York on Sept. 8, 2014. World No. 12 Cilic beat eighth-ranked Nishikori 6-3, 6-3, 6-3. Fast Retailing Co., operator of the Uniqlo clothing chain and a sponsor of Nishikori, has decided to pay a 100 million yen bonus to him following his historic run to the U.S. Open final, company officials said Sept. 9.

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Uniqlo operator to offer 100 mil. yen bonus to Nishikori

Uniqlo operator to offer 100 mil. yen bonus to Nishikori

NEW YORK, United States - Japan's Kei Nishikori (L) is interviewed after being defeated by Croatia's Marin Cilic in the U.S. Open men's singles final in New York on Sept. 8, 2014. Fast Retailing Co., operator of the Uniqlo clothing chain and a sponsor of Nishikori, has decided to pay a 100 million yen bonus to him following his historic run to the U.S. Open final, company officials said Sept. 9.

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Gold statue of Kumamon

Gold statue of Kumamon

TOKYO, Japan - Photo shows a pure gold statue of Kumamon, the popular black bear mascot of Japan's southwestern prefecture of Kumamoto, unveiled by Tanaka Kikinzoku Jewelry K.K., and the real mascot, at the company's flagship store in Tokyo's Ginza district on May 1, 2014. The statue, with a price tag of 100 million yen, weighs roughly 10 kilograms and stands around 17 centimeters tall.

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Gold statue of Kumamon

Gold statue of Kumamon

TOKYO, Japan - Photo shows a pure gold statue of Kumamon, the popular black bear mascot of Japan's southwestern prefecture of Kumamoto, unveiled by Tanaka Kikinzoku Jewelry K.K. at its flagship store in Tokyo's Ginza district on May 1, 2014. The statue, with a price tag of 100 million yen, weighs roughly 10 kilograms and stands around 17 centimeters tall.

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Gold statue of Kumamon

Gold statue of Kumamon

TOKYO, Japan - Photo shows a pure gold statue of Kumamon, the popular black bear mascot of Japan's southwestern prefecture of Kumamoto, unveiled by Tanaka Kikinzoku Jewelry K.K., and the real mascot, at the company's flagship store in Tokyo's Ginza district on May 1, 2014. The statue, with a price tag of 100 million yen, weighs roughly 10 kilograms and stands around 17 centimeters tall.

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10 kg gold calendar

10 kg gold calendar

TOKYO, Japan - Photo shows a calendar made of 10 kilograms of gold in Tokyo's Ginza shopping district on Dec. 3, 2013, which Tanaka Kikinzoku Jewelry K.K. began selling priced at 100 million yen the same day.

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McLaren's P1

McLaren's P1

OSAKA, Japan - Photo shows McLaren Automotive's P1 sports car, on its display at a dealer in Osaka on Nov. 14, 2013. The hybrid car, with a top speed of 350 kilometers per hour, has a price tag of roughly 100 million yen.

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McLaren's P1

McLaren's P1

OSAKA, Japan - Photo shows McLaren Automotive's P1 sports car, on its display at a dealer in Osaka on Nov. 14, 2013. The hybrid car, with a top speed of 350 kilometers per hour, has a price tag of roughly 100 million yen.

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TEPCO to give 100,000 yen to each management-level employee

TEPCO to give 100,000 yen to each management-level employee

TOKYO, Japan - Tokyo Electric Power Co. President Naomi Hirose tells a press conference in Tokyo on July 19, 2013, that he has decided to give 100,000 yen to each management-level employee to keep them from leaving the company that is struggling due to the 2011 Fukushima Daiichi nuclear complex disaster.

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Dollar surges vs. yen

Dollar surges vs. yen

TOKYO, Japan - A signboard at a Tokyo office of money broker Gaitame.com Co. shows the U.S. dollar trading above the 101 yen line and the Nikkei stock index above 14,500 on May 10, 2013. Stocks soared that day in Tokyo, with the Nikkei hitting its highest intraday level since January 2008, as the U.S. dollar broke through and traded well above the 100 yen mark.

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Dollar surges vs. yen

Dollar surges vs. yen

TOKYO, Japan - A Japanese traveler checks foreign exchange levels at Narita airport, near Tokyo, on May 10, 2013, as the U.S. currency broke the psychological threshold of 100 yen for the first time in roughly four years in New York the previous day. The dollar continued to rise in Tokyo on May 10, briefly topping the 101 yen line.

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Dollar surges vs. yen

Dollar surges vs. yen

TOKYO, Japan - A display at a Tokyo office of money broker Gaitame.com Co. shows the U.S. dollar trading above the 100 yen line on May 10, 2013. The U.S. currency broke the psychological threshold of 100 yen for the first time in roughly four years in New York the previous day, and continued to rise in Tokyo on May 10, briefly topping the 101 yen line. (Photo taken with fisheye lens)

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Yoshinoya to cut "gyudon" prices

Yoshinoya to cut "gyudon" prices

TOKYO, Japan - Photo shows Yoshinoya's regular "gyudon" beef and rice bowl in Tokyo on April 10, 2013. Yoshinoya Holdings Co. said the same day it will cut gyudon prices on April 18 in response to the relaxation in February of restrictions on beef imports from the United States. The regular gyudon bowl price will be lowered by 100 yen to 280 yen.

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Toyota lifts profit forecast

Toyota lifts profit forecast

TOKYO, Japan - Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi holds a news conference in Tokyo on Feb. 5, 2013, on the company's earnings forecast. Toyota raised its group operating profit projection for the business year ending in March to 1.15 trillion yen, up 100 billion yen from its previous estimate, boosted by the yen's depreciation, cost-cutting efforts and improved vehicle sales.

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Peach Aviation logs over 1 million passengers

Peach Aviation logs over 1 million passengers

KANSAI AIRPORT, Japan - Shinichi Inoue (C), chief executive officer of Peach Aviation Ltd., presents the one-millionth passenger of the Japanese budget carrier, Kayo Hamada (2nd from R), with a memento and a flight voucher worth 100,000 yen during a ceremony at Kansai airport in Osaka Prefecture on Nov. 29, 2012. The carrier, partially owned by All Nippon Airways Co., went into business in March 2012.

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Toyota Tsusho to acquire French trading house CFAO

Toyota Tsusho to acquire French trading house CFAO

NAGOYA, Japan - Jun Karube, president of Toyota Tsusho Corp., speaks at a press conference in Nagoya on July 26, 2012. Toyota Tsusho, a trading house in the Toyota Motor group, said the same day it will seek to acquire a controlling stake in CFAO SA, a French trading house dealing in automobiles and medicines in African countries, by investing more than 100 billion yen.

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Sharp expected to log 100 bil. yen net loss for April-June

Sharp expected to log 100 bil. yen net loss for April-June

OSAKA, Japan - File photo shows the headquarters of Sharp Corp. in Osaka. Sharp is expected to report a group net loss of around 100 billion yen for the April-June quarter in 2012 due to its deteriorating liquid crystal panel business, sources familiar with the matter said on July 24, 2012.

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AIJ, ITM chiefs arrested over pension fund fraud

AIJ, ITM chiefs arrested over pension fund fraud

TOKYO, Japan - A police investigator brings in cardboard boxes for a search operation at the building housing the head offices of AIJ Investment Advisors Co. and ITM Securities Co., which is effectively under AIJ's control, in Tokyo's Chuo Ward on June 19, 2012. AIJ President Kazuhiko Asakawa and others, including ITM president, were arrested the same day in connection with a high-profile fraud allegation over losses of more than 100 billion yen in pension assets entrusted to AIJ, police said.

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

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.

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Suntory eyeing wealthy Chinese

Suntory eyeing wealthy Chinese

TOKYO, Japan - Nobutada Saji, president of Japanese beverage maker Suntory Holdings Ltd., speaks during an interview with Kyodo News in Tokyo on Jan. 28, 2011. Saji said Suntory will seek to boost annual sales in China to 100 billion yen from the current 30 billion yen by stepping up marketing of vintage wines, health foods and other high-quality products for wealthy Chinese people.

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Anonymous donations for children

Anonymous donations for children

YAMAGATA, Japan - The head of a nursery in Yamagata city, northeastern Japan, shows 100,000 yen and an envelope on Jan. 11, 2011, which the nursery received from an anonymous donor who listed the name of a cartoon hero. Anonymous donations of cash, school bags and other items for children, especially to facilities for underprivileged children, under the names of cartoon hero Tiger Mask and others have been spreading across Japan since the Christmas season.

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Carp ace Maeda reels in over 100 million yen plus bonus

Carp ace Maeda reels in over 100 million yen plus bonus

HIROSHIMA, Japan - Hiroshima Carp pitcher Kenta Maeda holds a board showing 100 million yen after renewing his contract at Mazda Stadium in Hiroshima on Dec. 20, 2010. Maeda, winner of the Sawamura Award, Japan's equivalent of the majors' Cy Young, in the past season signed an estimated 120 million yen deal for 2011 and a 30 million yen bonus for winning the pitcher's triple crown.

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Fashionable restroom in Tokyo

Fashionable restroom in Tokyo

TOKYO, Japan - A woman introduces a luxurious restroom at Meguro Gajoen, a multipurpose event facility in Tokyo on Aug. 12, 2010. The restroom, dubbed the ''100 million yen toilet,'' boasts a gorgeous anteroom as well as murals on the ceiling that were transferred from the old facility building built in the early Showa era.

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