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TonenGeneral to buy Mitsui Oil to create 3rd largest oil wholesaler

TonenGeneral to buy Mitsui Oil to create 3rd largest oil wholesaler

TOKYO, Japan - Jun Muto, president of oil wholesaler TonenGeneral Sekiyu K.K., announces at a news conference in Tokyo on Dec. 18, 2013, that the company will acquire a stake of nearly 90 percent in Mitsui Oil Co. for 24.9 billion yen from the trader on Feb. 4. The acquisition would allow the TonenGeneral group to rival Cosmo Oil Co. as Japan's third-largest oil wholesaler in terms of sales following JX Holdings Inc. and Idemitsu Kosan Co.

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Vodafone to promote shift to 3G mobile phone handsets

Vodafone to promote shift to 3G mobile phone handsets

TOKYO, Japan - Vodafone K.K. President Shiro Tsuda speaks at his office in Tokyo on Dec. 22. Tsuda said that the Japanese unit of British mobile phone service company Vodafone Group PLC will encourage its customers to shift to third-generation handsets for faster data communications. ''Vodafone will offer its last 2G handset next year and no more 2G later,'' Tsuda said in an interview with Kyodo News.

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Idemitsu founding family, management at odds over merger with rival

Idemitsu founding family, management at odds over merger with rival

TOKYO, Japan, July 11 Kyodo - Takujiro Hamada, representing the founding family of Japanese oil distributor Idemitsu Kosan Co., speaks at a press conference in Tokyo on July 11, 2016, after talks with the company's management. The two sides remained at odds over Idemitsu's merger with rival Showa Shell Sekiyu K.K.

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Solid gold Gundam figurine on display in Osaka

Solid gold Gundam figurine on display in Osaka

OSAKA, Oct. 1 Kyodo - Photo taken Oct. 1, 2015, at Tanaka Kikinzoku Jewelry K.K's store in the western Japan city of Osaka, shows a Mobile Suit Gundam figurine made of approximately 1,000 grams of solid gold. Produced in commemoration of the 35th anniversary in 2014 of the start of the popular televised sci-fi animation series, the figurine, which is not for sale, will be displayed at the company's outlets across Japan until November.

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Japan oil distributor Idemitsu mulls buying rival Showa Shell

Japan oil distributor Idemitsu mulls buying rival Showa Shell

TOKYO, Japan - Combined photo taken Dec. 20, 2014, in Tokyo's Chuo Ward shows the signboards of gas stations affiliated with Idemitsu Kosan Co. (R) and Showa Shell Sekiyu K.K., respectively. Idemitsu, Japan's second-largest oil distributor, is considering acquiring fifth-ranked Showa Shell through a tender offer, sources familiar with the move said the same day.

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Japan oil distributor Idemitsu mulls buying rival Showa Shell

Japan oil distributor Idemitsu mulls buying rival Showa Shell

TOKYO, Japan - Photo taken Dec. 20, 2014, shows the building housing the headquarters of Idemitsu Kosan Co., Japan's second-largest oil distributor, in Tokyo's Marunouchi district. Idemitsu is considering acquiring fifth-ranked Showa Shell Sekiyu K.K. through a tender offer, sources familiar with the move said the same day.

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Japan oil distributor Idemitsu mulls buying rival Showa Shell

Japan oil distributor Idemitsu mulls buying rival Showa Shell

TOKYO, Japan - File photo shows the building housing the headquarters of Showa Shell Sekiyu K.K., Japan's fifth-ranked oil distributor, in Tokyo's Minato Ward. Idemitsu Kosan Co., the country's second-largest oil distributor, is considering acquiring Showa Shell through a tender offer, sources familiar with the move said Dec. 20, 2014.

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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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Hamamatsu Photonics wins IEEE Milestone prize

Hamamatsu Photonics wins IEEE Milestone prize

HAMAMATSU, Japan - Akira Hiruma, president of Hamamatsu Photonics K.K., meets reporters in Hamamatsu, Shizuoka Prefecture, central Japan, on Oct. 15, 2014, following a decision by the U.S.-based Institute of Electrical and Electronics Engineers to award the IEEE Milestone prize to the Japanese optical sensor manufacturer for its development of a 20-inch photomultiplier tube, placed next to him.

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Amazon, Tokushima Pref. sign relief goods deal

Amazon, Tokushima Pref. sign relief goods deal

TOKUSHIMA, Japan - Amazon Japan K.K. President Jasper Cheung (L) and Tokushima Governor Kamon Iizumi show an agreement on the delivery of emergency relief supplies signed between the online retailer and the government of the western Japan prefecture at the latter's office in Tokushima city on Sept. 5, 2014. The pact will allow consumers to buy and donate disaster relief goods through Amazon's website if the prefecture is hit by a natural disaster.

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Eyewear maker Oakley opens flagship store in Osaka

Eyewear maker Oakley opens flagship store in Osaka

OSAKA, Japan - Former professional baseball player Tomoaki Kanemoto (R) and snowboarder Yuki Kadono (far L) join an opening ceremony in Osaka, western Japan, on July 28, 2014, for a flagship store of Oakley Japan K.K., a wholly owned subsidiary of U.S. sports eyewear giant Oakley Inc.

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Inside view of Oakley Japan's flagship store in Osaka

Inside view of Oakley Japan's flagship store in Osaka

OSAKA, Japan - Shoppers visit the first flagship store of Oakley Japan K.K., a wholly owned subsidiary of U.S. sports eyewear giant Oakley Inc., in Osaka on July 28, 2014.

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Ex-Novartis Pharma employee arrested over drug data

Ex-Novartis Pharma employee arrested over drug data

TOKYO, Japan - Health, Labor and Welfare Minister Norihisa Tamura responds to questions by reporters at the Diet building in Tokyo, Japan, after Tokyo prosecutors arrested a former employee of Novartis Pharma K.K. on June 11, 2014, on a charge of manipulating clinical study data leading to exaggerated claims in advertising for one of the firm's drugs.

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Ex-Novartis Pharma employee arrested over drug data

Ex-Novartis Pharma employee arrested over drug data

TOKYO, Japan - Photo taken on June 11, 2014, shows a building that houses Novartis Pharma K.K. in Tokyo's Minato Ward. Tokyo prosecutors arrested a former employee of the company the same day on a charge of manipulating clinical study data leading to exaggerated claims in advertising for one of the firm's drugs.

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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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Novartis management replaced

Novartis management replaced

TOKYO, Japan - David Epstein, president of Swiss pharmaceutical giant Novartis holds a press conference in Tokyo on April 3, 2014. The Japanese sales arm of the company, Novartis Pharma K.K., announced that its president, Yoshiyasu Ninomiya, and two other top executives have resigned to take responsibility for its employees' inappropriate involvement in a clinical study led by medical doctors.

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Novartis management replaced

Novartis management replaced

TOKYO, Japan - Dirk Kosche, new president of Novartis Pharma K.K., speaks during a press conference in Tokyo on April 3, 2014. The Japanese sales arm of Swiss pharmaceutical giant Novartis announced that its president, Yoshiyasu Ninomiya, and two other top executives have resigned to take responsibility for its employees' inappropriate involvement in a clinical study led by medical doctors.

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Novartis management replaced

Novartis management replaced

TOKYO, Japan - David Epstein (L), president of Swiss pharmaceutical giant Novartis speaks during a press conference in Tokyo on April 3, 2014. The Japanese sales arm of the company, Novartis Pharma K.K., announced that its president, Yoshiyasu Ninomiya, and two other top executives have resigned to take responsibility for its employees' inappropriate involvement in a clinical study led by medical doctors. At right is new Novartis Pharma K.K. President Dirk Kosche.

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3D bio-printer developed by Japanese venture firm

3D bio-printer developed by Japanese venture firm

TOKYO, Japan - A three-dimensional bio-printer developed by Cyfuse Biomedical K.K. is shown in Kyoto, western Japan, on March 5, 2014. The minute tubule at the center of the printer absorbs a block of cells and sticks it through one of needles on the pinholder-like device below. Cell aggregates thus produced are used for tissue fabrication such as for creating blood vessels.

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Novartis Pharma accused over drug ads

Novartis Pharma accused over drug ads

TOKYO, Japan - Health, Labor and Welfare Ministry officials hold a press conference at the ministry in Tokyo on Jan. 9, 2014, after filing a criminal complaint with prosecutors against Novartis Pharma K.K. over alleged exaggerated advertising for a blood pressure-lowering drug.

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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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Pure gold Christmas tree

Pure gold Christmas tree

TOKYO, Japan - A 2.4-meter-tall pure gold Christmas tree featuring Disney characters is displayed at a shop of Tanaka Kikinzoku Jewelry K.K. in Tokyo's Ginza district on Nov. 18, 2013. The company is selling the item, made of some 43 kilograms of pure gold, for 500 million yen ($5 million).

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Engineer devises fingertip-size optical sensor

Engineer devises fingertip-size optical sensor

IWATA, Japan - Photo taken Oct. 1, 2013 shows an ultrasmall photomultiplier tube "Micro PMT" on the fingertip of Hiroyuki Kyushima, a Hamamatsu Photonics K.K. engineer whose team developed the world's first device for mass production at a plant in Iwata, Shizuoka Prefecture. (Photo by Tatsuya Hagiwara)

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Novartis scandal

Novartis scandal

TOKYO, Japan - David Epstein (C), division head at Novartis AG, the Swiss-based pharmaceutical giant, and Yoshiyasu Ninomiya (R), president of Novartis Pharma K.K., a Japanese unit of Novartis AG, bow in apology during a press conference in Tokyo on Oct. 3, 2013. Novartis Pharma K.K. has allegedly engaged in deceptive advertizing for the blood pressure-lowering drug Diovan by citing a study based on manipulated clinical data.

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Novartis scandal

Novartis scandal

TOKYO, Japan - David Epstein (L), division head at Novartis AG, the Swiss-based pharmaceutical giant, speaks in a press conference in Tokyo on Oct. 3, 2013. At right is Yoshiyasu Ninomiya, president of Novartis Pharma K.K., a Japanese unit of Novartis AG. Novartis Pharma K.K. has allegedly engaged in deceptive advertizing for the blood pressure-lowering drug Diovan by citing a study based on manipulated clinical data.

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Novartis division head Epstein

Novartis division head Epstein

TOKYO, Japan - David Epstein (L), division head at Novartis AG, the Swiss-based pharmaceutical giant, holds talks with Japanese Health, Labor and Welfare Minister Norihisa Tamura (R) at the ministry in Tokyo on Sept. 26, 2013. Tamura summoned Epstein and sharply criticized the firm for triggering a scandal involving Novartis Pharma K.K., the Japanese subsidiary of Novartis AG. The unit allegedly engaged in deceptive advertizing for the blood pressure-lowering drug Diovan by citing a study based on manipulated clinical data.

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Novartis division head Epstein

Novartis division head Epstein

TOKYO, Japan - David Epstein, division head at Novartis AG, the Swiss-based pharmaceutical giant, speaks with reporters after holding talks with Japanese Health, Labor and Welfare Minister Norihisa Tamura at the ministry in Tokyo on Sept. 26, 2013. Tamura summoned Epstein and sharply criticized the firm for triggering a scandal involving Novartis Pharma K.K., the Japanese subsidiary of Novartis AG. The unit allegedly engaged in deceptive advertizing for the blood pressure-lowering drug Diovan by citing a study based on manipulated clinical data.

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Amazon distribution center

Amazon distribution center

YOKOHAMA, Japan - A worker sorts goods at a new distribution center of Amazon Japan K.K. as it began operations in Odawara, Kanagawa Prefecture, on Sept. 3, 2013.

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Amazon distribution center

Amazon distribution center

YOKOHAMA, Japan - A new distribution center of Amazon Japan K.K. begins operations in Odawara, Kanagawa Prefecture, on Sept. 3, 2013.

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Audi to begin selling A3 hatchback in Japan

Audi to begin selling A3 hatchback in Japan

TOKYO, Japan - Hiroshi Okita, president of Audi Japan K.K., unveils the new Audi A3 Sportback hatchback in Tokyo on Sept. 3, 2013. The third generation of the A3 Sportback, featuring in-car Wi-Fi connectivity, will be available in Japan from Sept. 17.

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Audi to begin selling A3 hatchback in Japan

Audi to begin selling A3 hatchback in Japan

TOKYO, Japan - Audi Japan K.K. unveils the new Audi A3 Sportback hatchback in Tokyo on Sept. 3, 2013. The third generation of the A3 Sportback, featuring in-car Wi-Fi connectivity, will be available in Japan from Sept. 17.

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Mt. Fuji miniature in solid gold

Mt. Fuji miniature in solid gold

NAGOYA, Japan - Photo taken Aug. 2, 2013, shows a model of Mt. Fuji unveiled in Nagoya, central Japan, by Tanaka Kikinzoku Jewelry K.K. It was made of 3,776 grams of solid gold, following Japan's highest mountain's height of 3,778 meters.

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Novartis Pharma

Novartis Pharma

TOKYO, Japan - Yoshiyasu Ninomiya, president of Novartis Pharma K.K., attends a press conference in Tokyo on July 29, 2013. Novartis Pharma, a Japanese unit of Swiss drug company Novartis AG, said it has found no evidence a former employee manipulated or altered clinical research data for the drugmaker's Diovan blood pressure lowering drug.

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Volkswagen cars imported by Japan unit top 1 million

Volkswagen cars imported by Japan unit top 1 million

NAGOYA, Japan - Photo shows the 1 millionth Volkswagen car -- the Golf -- imported by the Japanese unit of German automaker Volkswagen AG, in Toyohashi, Aichi Prefecture on July 17, 2013. Volkswagen Group Japan K.K. said the same day it has imported more than 1 million Volkswagen cars since it took over the imports from Japanese car dealer Yanase & Co. in April 1991.

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Data altered in Japanese research for Novartis blood pressure drug

Data altered in Japanese research for Novartis blood pressure drug

TOKYO, Japan - Toshikazu Yoshikawa (2nd from L), president of the Kyoto Prefectural University of Medicine, and Shinji Fushiki (L), the university窶冱 vice president, bow toward the end of a press conference in Kyoto on July 11, 2013. Yoshikawa apologized as the university found that data employed in a clinical study on Novartis Pharama K.K.'s blockbuster blood pressure lowering drug Diovan were manipulated.

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Golfer Matsuyama

Golfer Matsuyama

TOKYO, Japan - Japanese golfer Hideki Matsuyama poses for photos during a press conference in Tokyo on June 24, 2013, as he signed a contract with Oakley Japan K.K. under which the eyewear maker will provide him with sunglasses and other eyewear.

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Volkswagen's new Golf

Volkswagen's new Golf

TOKYO, Japan - Photo taken in Tokyo's Shibuya Ward on May 20, 2013, shows the new model of the Volkswagen Golf. Volkswagen Group Japan K.K. said the same day that it will launch the fully remodeled car on June 25.

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Cerberus to raise stake in Seibu Holdings

Cerberus to raise stake in Seibu Holdings

TOKYO, Japan - Yoshiteru Suzuki, the president of Cerberus Japan K.K., speaks during a press conference in Tokyo on April 5, 2013. U.S. private equity fund Cerberus Capital Management LP said the same day it aims to raise its stake in Seibu Holdings Inc. to nearly 45 percent, revising the target upward from an initial 36 percent, in an apparent bid to take the initiative in managing the railway and hotel operator.

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Cerberus to raise stake in Seibu Holdings

Cerberus to raise stake in Seibu Holdings

TOKYO, Japan - Yoshiteru Suzuki (R), the president of Cerberus Japan K.K. speaks during a press conference in Tokyo on April 5, 2013. U.S. private equity fund Cerberus Capital Management LP said the same day it aims to raise its stake in Seibu Holdings Inc. to nearly 45 percent, revising the target upward from an initial 36 percent, in an apparent bid to take the initiative in managing the railway and hotel operator.

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Volkswagen begins selling Beetle convertible in Japan

Volkswagen begins selling Beetle convertible in Japan

TOKYO, Japan - Photo taken in Tokyo on March 25, 2013, shows the Beetle Cabriolet. Volkswagen Group Japan K.K. launched the Beetle convertible with a folding roof that can be raised or lowered in around 10 seconds in Japan the same day.

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Beetle Cabriolet

Beetle Cabriolet

TOKYO, Japan - Volkswagen Group Japan K.K. President Shigeru Shoji stands beside The Beetle Cabriolet, a convertible-type Beetle car whose folding roof can be raised or lowered in about 10 seconds, in Tokyo on March 25, 2013. The Japanese marketing arm of the German automaker launched the car the same day.

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Messi's golden foot

Messi's golden foot

TOKYO, Japan - Rodrigo Messi, brother of Argentina soccer star Lionel Messi, holds a pure gold cast of Lionel Messi's "golden" left foot during an event in Tokyo on March 6, 2013. Tanaka Kikinzoku Jewelry K.K. is selling the 25-kilogram figure for 486.5 million yen, planning to donate part of the profit to areas hit by the March 2011 Great East Japan Earthquake through the Leo Messi Foundation.

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Kazu in Puma store opening event

Kazu in Puma store opening event

OSAKA, Japan - Kazuyoshi Miura (L), the oldest player in the J-League at 45 and currently with Yokohama FC of the second division, and Shizuka Arakawa, a professional figure skater and Turin Olympics gold medalist, take part in an opening event for a store operated by Puma Japan K.K. in Osaka on Dec. 19, 2012.

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Gold Christmas tree

Gold Christmas tree

TOKYO, Japan - Tanaka Kikinzoku Jewelry K.K. displays a Christmas tree made with about 40 kilograms of pure gold at its Ginza outlet in Tokyo on Nov. 21, 2012. The 2.4-meter-tall tree is priced at 350 million yen.

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Gold Christmas tree

Gold Christmas tree

TOKYO, Japan - Tanaka Kikinzoku Jewelry K.K. displays a Christmas tree made with about 40 kilograms of pure gold at its Ginza outlet in Tokyo on Nov. 21, 2012. The 2.4-meter-tall tree is priced at 350 million yen.

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Police raid Schindler's Tokyo office

Police raid Schindler's Tokyo office

TOKYO, Japan - Reporters gather on Nov. 5, 2012, in front of the building housing the Tokyo headquarters of Schindler Elevator K.K., the Japanese arm of Swiss-based Schindler Holding Ltd., which Ishikawa prefectural police officers searched the same day in an investigation of suspected professional negligence following a fatal elevator accident on Oct. 31.

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Police raid Schindler's Tokyo office

Police raid Schindler's Tokyo office

TOKYO, Japan - Ishikawa prefectural police officers enter the Tokyo headquarters of Schindler Elevator K.K., the Japanese arm of Swiss-based Schindler Holding Ltd., on Nov. 5, 2012, to search there in an investigation of suspected professional negligence following a fatal elevator accident on Oct. 31.

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Japan's 1st Old Navy store

Japan's 1st Old Navy store

TOKYO, Japan - Gap Japan K.K. shows to the press July 10, 2012, its first Old Navy casual wear store in Japan, in Tokyo's Odaiba waterfront area. Old Navy is a price-conscious brand of the U.S. fashion house Gap.

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