Toyota names Cho as new president

Toyota names Cho as new president

Toyota Motor Corp. announces April 13 the appointment of Fujio Cho (C) to succeed Hiroshi Okuda (L) as company president. Cho, 62, currently Toyota's vice president, will assume the presidency in late June, following approval by the automaker's board of directors after an annual shareholders meeting. Okuda, 66, will become chairman, replacing Shoichiro Toyoda (R), 74, who will become Toyota's honorary chairman.

Shareholders sue Yaohan executives

Shareholders sue Yaohan executives

Lawyers representing 74 shareholders and convertible bond holders of failed supermarket chain operator Yaohan Japan Corp. file a 260 million yen damages suit with the Osaka District Court on Thursday Feb. 4 against Kazuo Wada, the chairman of Yaohan, and 10 other former Yaohan executives.

Toyota names Cho as new president

Toyota names Cho as new president

Toyota Motor Corp. announces April 13 the appointment of Fujio Cho (C) to succeed Hiroshi Okuda (L) as company president. Cho, 62, currently Toyota's vice president, will assume the presidency in late June, following approval by the automaker's board of directors after an annual shareholders meeting. Okuda, 66, will become chairman, replacing Shoichiro Toyoda (R), 74, who will become Toyota's honorary chairman. ==Kyodo

Shareholders sue Yaohan executives

Shareholders sue Yaohan executives

Lawyers representing 74 shareholders and convertible bond holders of failed supermarket chain operator Yaohan Japan Corp. file a 260 million yen damages suit with the Osaka District Court on Thursday Feb. 4 against Kazuo Wada, the chairman of Yaohan, and 10 other former Yaohan executives. ==Kyodo