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S. Korean court turns down arrest warrant for Lotte Group chairman

TOKYO, Japan, Sept. 29 Kyodo - Undated photo shows Lotte Group Chairman Shin Dong Bin. The Seoul Central District Court on Sept. 29, 2016 dismissed an arrest warrant request by state prosecutors for the 61-year-old business tycoon, also known by the Japanese name Akio Shigemitsu, on charges of embezzlement and breach of trust, according to local media.

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Lotte Marines' celebration

FUKUOKA, Japan - (From R) Lotte Marines acting owner Akio Shigemitsu, club president Ryuzo Setoyama and manager Norifumi Nishimura are dunked with a barrel of sake in celebration after their club clinched a berth in the Japan Series at a Fukuoka hotel on Oct. 19, 2010.

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Lotte ties up with team from China league

BEIJING, China - The Lotte Marines of Japan's Pacific League and the Lotte Giants of the Korean Baseball Organization signed a three-way business tie-up agreement with the Beijing China Hope Stars of the Chinese baseball league on March 23 in Beijing. Lotte acting owner Akio Shigemitsu (R) shows off the Chinese team uniform after the signing.

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Valentine unveiled as new Lotte manager

TOKYO, Japan - Akio Shigemitsu (L), owner of the Chiba Lotte Marines, puts a team cap on new manager Bobby Valentine during a press conference at a Tokyo hotel on Nov. 3. Valentine, former manager of the New York Mets, signed a three-year deal with the Pacific League baseball club.

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Mitsubishi Securities launched as 4th biggest brokerage

TOKYO, Japan - Akio Utsumi (L), president of Mitsubishi Trust and Banking Corp., Nobuo Nakazawa (2nd from L), president of Mitsubishi Securities Co., Masamichi Yamada, chairman of Mitsubishi Securities Co. (2nd from R) and Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi cut a tape at a ceremony to launch Mitsubishi Securities in Tokyo's Marunouchi district on Sept. 2.

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(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

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Mitsubishi group banks name head of holding firm

TOKYO, Japan - File photos show (from L to R) Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi, and Akio Utsumi, president of Mitsubishi Trust & Banking Corp. The two banks and Nippon Trust Bank are due to integrate their operations next April by inaugurating a holding company, Mitsubishi Tokyo Financial Group Inc. Miki has been tentatively named president and Utsumi chairman of the holding company.

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Lotte ties up with team from China league

BEIJING, China - The Lotte Marines of Japan's Pacific League and the Lotte Giants of the Korean Baseball Organization signed a three-way business tie-up agreement with the Beijing China Hope Stars of the Chinese baseball league on March 23 in Beijing. Lotte acting owner Akio Shigemitsu (R) shows off the Chinese team uniform after the signing. (Kyodo)

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Lotte founder's son fails in bid to retake control of business empire

Hiroyuki Shigemitsu, the eldest son of the founder of Lotte Holdings Co., speaks to the media at the company's head office in Tokyo on March 6, 2016, after an extraordinary shareholders' meeting rejected his bid to retake control of the company's board. Hiroyuki was dismissed as the company's vice chairman in January 2015 during a power struggle with his younger brother Akio. (Kyodo) ==Kyodo

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Lotte founder's son fails in bid to retake control of business empire

Hiroyuki Shigemitsu (C), the eldest son of the founder of Lotte Holdings Co., is surrounded by the media at the company's head office in Tokyo on March 6, 2016, as he heads for an extraordinary shareholders' meeting. The shareholders rejected a bid by Hiroyuki, who was dismissed as the company's vice chairman in January 2015 during a power struggle with his younger brother Akio, to retake control of its board. (Kyodo) ==Kyodo

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Lotte HD shareholders back younger brother amid family feud

Hiroyuki Shigemitsu, a son of the Lotte group's founder Takeo Shigemitsu, walks to the venue of Lotte Holdings Co.'s shareholders meeting in Tokyo on Aug. 17, 2015. The shareholders supported a plan to strengthen the South Korean-Japanese conglomerate's corporate governance under the current management led by his younger brother and vice chairman Akio Shigemitsu amid a family feud between the two men. (Kyodo) ==Kyodo

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Lotte Marines' celebration

FUKUOKA, Japan - (From R) Lotte Marines acting owner Akio Shigemitsu, club president Ryuzo Setoyama and manager Norifumi Nishimura are dunked with a barrel of sake in celebration after their club clinched a berth in the Japan Series at a Fukuoka hotel on Oct. 19, 2010. (Kyodo)

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(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

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Lotte Group chairman apologizes at press conference

Lotte Group Chairman Shin Dong Bin attends a press conference in Seoul on Oct. 25, 2016, apologizing that he was indicted, without arrest, over embezzlement and breach of trust. Shin is also known by his Japanese name Akio Shigemitsu. (Kyodo) ==Kyodo

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Lotte Group chairman apologizes at press conference

Lotte Group Chairman Shin Dong Bin attends a press conference in Seoul on Oct. 25, 2016, apologizing that he was indicted, without arrest, over embezzlement and breach of trust. Shin is also known by his Japanese name Akio Shigemitsu. (Kyodo) ==Kyodo

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S. Korean prosecutors indict Lotte Group chairman, family

Lotte Group Chairman Shin Dong Bin is surrounded by reporters in this file photo taken Sept. 28, 2016, after he appeared at the Seoul Central District Court. South Korean prosecutors filed charges of embezzlement and breach of trust, without arrest, on Oct. 19 against Shin, also known by his Japanese name Akio Shigemitsu. (Kyodo) ==Kyodo

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S. Korean court turns down arrest warrant for Lotte Group chairman

Lotte Group Chairman Shin Dong Bin (C) is surrounded by reporters as he leaves the prosecutors' office building in Seoul on Sept. 29, 2016, after the Seoul Central District Court dismissed an arrest warrant request by state prosecutors for the 61-year-old business tycoon, also known by the Japanese name Akio Shigemitsu. (Kyodo) ==Kyodo

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Lotte Group chairman arrives at court for questioning

Lotte Group Chairman Shin Dong Bin arrives at a Seoul court on Sept. 28, 2016, to be questioned after prosecutors sought an arrest warrant over his alleged embezzlement of funds and breach of trust. The 61-year-old business tycoon, also known by the Japanese name Akio Shigemitsu, is suspected of allegedly orchestrating a series of shady deals between the group's affiliates and being involved in slush funds, according to Yonhap News Agency. (Kyodo) ==Kyodo

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Lotte Group chairman arrives at court for questioning

Lotte Group Chairman Shin Dong Bin arrives at a Seoul court on Sept. 28, 2016, to be questioned after prosecutors sought an arrest warrant over his alleged embezzlement of funds and breach of trust. The 61-year-old business tycoon, also known by the Japanese name Akio Shigemitsu, is suspected of allegedly orchestrating a series of shady deals between the group's affiliates and being involved in slush funds, according to Yonhap News Agency. (Kyodo) ==Kyodo

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Lotte Group chairman arrives at court for questioning

Lotte Group Chairman Shin Dong Bin arrives at a Seoul court on Sept. 28, 2016, to be questioned after prosecutors sought an arrest warrant over his alleged embezzlement of funds and breach of trust. The 61-year-old business tycoon, also known by the Japanese name Akio Shigemitsu, is suspected of allegedly orchestrating a series of shady deals between the group's affiliates and being involved in slush funds, according to Yonhap News Agency. (Kyodo) ==Kyodo

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Prosecutors summons Lotte Group chairman over alleged corruption

Lotte Group Chairman Shin Dong Bin, whose Japanese name is Akio Shigemitsu, arrives at the Seoul Central District Prosecutors' Office in Seoul on Sept. 20, 2016, as a key suspect on charges over slush funds and embezzlement. The second son of Lotte Holdings Co. founder Shin Kyuk Ho, who is known in Japan as Takeo Shigemitsu, told reporters that he will sincerely cooperate with the investigation. (Kyodo) ==Kyodo

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Prosecutors summons Lotte Group chairman over alleged corruption

Lotte Group Chairman Shin Dong Bin, whose Japanese name is Akio Shigemitsu, arrives at the Seoul Central District Prosecutors' Office in Seoul on Sept. 20, 2016, as a key suspect on charges over slush funds and embezzlement. The second son of Lotte Holdings Co. founder Shin Kyuk Ho, who is known in Japan as Takeo Shigemitsu, told reporters that he will sincerely cooperate with the investigation. (Kyodo) ==Kyodo

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Prosecutors summons Lotte Group chairman over alleged corruption

Lotte Group Chairman Shin Dong Bin, whose Japanese name is Akio Shigemitsu, bows after arriving at the Seoul Central District Prosecutors' Office in Seoul on Sept. 20, 2016, as a key suspect on charges over slush funds and embezzlement. The second son of Lotte Holdings Co. founder Shin Kyuk Ho, who is known in Japan as Takeo Shigemitsu, told reporters that he will sincerely cooperate with the investigation. (Kyodo) ==Kyodo

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Prosecutors summons Lotte Group chairman over alleged corruption

Lotte Group Chairman Shin Dong Bin, whose Japanese name is Akio Shigemitsu, arrives at the Seoul Central District Prosecutors' Office in Seoul on Sept. 20, 2016, as a key suspect on charges over slush funds and embezzlement. The second son of Lotte Holdings Co. founder Shin Kyuk Ho, who is known in Japan as Takeo Shigemitsu, told reporters that he will sincerely cooperate with the investigation. (Kyodo) ==Kyodo

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Mitsubishi Securities launched as 4th biggest brokerage

TOKYO, Japan - Akio Utsumi (L), president of Mitsubishi Trust and Banking Corp., Nobuo Nakazawa (2nd from L), president of Mitsubishi Securities Co., Masamichi Yamada, chairman of Mitsubishi Securities Co. (2nd from R) and Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi cut a tape at a ceremony to launch Mitsubishi Securities in Tokyo's Marunouchi district on Sept. 2. (Kyodo)

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Mitsubishi group banks name head of holding firm

TOKYO, Japan - File photos show (from L to R) Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi, and Akio Utsumi, president of Mitsubishi Trust & Banking Corp. The two banks and Nippon Trust Bank are due to integrate their operations next April by inaugurating a holding company, Mitsubishi Tokyo Financial Group Inc. Miki has been tentatively named president and Utsumi chairman of the holding company.