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Thailand: Overflowing Of Ping River Causes Flooding In Chiang Mai Amid Rainy Season 3

Water levels in the Ping River rose, causing severe flooding across Chiang Mai on September 25 and affecting infrastructure. Small vehicles were stranded on flooded roads, and local shops and stalls were forced to close.

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Seibu operate Harry Potter train service from Ikebukuro

Before the opening of the theme park of the popular movie "Harry Potter" in June on the site of the former amusement park "Toshimaen" in Nerima Ward, Seibu Railway announced on the 16th that the full-wrapped train "Studio Tour" featuring the main cast members The Tokyo Express has started operating.

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Seibu returns to Tokyo Stock Exchange after 10-year hiatus

Seibu returns to Tokyo Stock Exchange after 10-year hiatus

TOKYO, Japan - Takashi Goto (L), president of Seibu Holdings Inc., poses with Akira Kiyota, president of the Tokyo Stock Exchange, after the company's relisting on the TSE's First Section on April 23, 2014. The railway and retail business group was delisted in 2004 for shady accounting statements and other irregularities.

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Seibu makes solid return to Tokyo Stock Exchange

Seibu makes solid return to Tokyo Stock Exchange

TOKYO, Japan - Takashi Goto, president of Seibu Holdings Inc., rings the bell at the Tokyo Stock Exchange as the company makes a return to the TSE's First Section nearly a decade after its predecessor, Seibu Railway Co., was delisted from the bourse for falsifying financial statements in 2004.

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Seibu HD relisted on Tokyo bourse

Seibu HD relisted on Tokyo bourse

TOKYO, Japan - The name of Seibu Holdings Inc. is displayed on an electronic signboard at the Tokyo Stock Exchange on April 23, 2014. The company returned to the First Section of the exchange the same day, nearly a decade after its predecessor, Seibu Railway Co., was delisted from the bourse for falsifying financial statements in 2004.

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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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Seibu Holdings opposes takeover bid by Cerberus

Seibu Holdings opposes takeover bid by Cerberus

TOKYO, Japan - Takashi Goto, president of Japanese railway and hotel operator Seibu Holdings Inc., announces the company's opposition to a takeover bid by its top shareholder, U.S. private equity firm Cerberus Capital Management LP, due to concern such a move would undermine its corporate value, at a press conference in Tokyo on March 26, 2013.

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Seibu Holdings opposes takeover bid by Cerberus

Seibu Holdings opposes takeover bid by Cerberus

TOKYO, Japan - Takashi Goto (C), president of Japanese railway and hotel operator Seibu Holdings Inc., announces the company's opposition to a takeover bid by its top shareholder, U.S. private equity firm Cerberus Capital Management LP, due to concern such a move would undermine its corporate value, at a press conference in Tokyo on March 26, 2013.

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Train goes to dogs in Tokyo

Train goes to dogs in Tokyo

TOKYO, Japan - Dog lovers look after their pets on a chartered train operated by Seibu Railway Co. on Nov. 20, 2010. Some 120 people and 65 dogs took part in the train run event between Tokyo's Shinjuku and an amusement park in the suburbs.

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Legendary 'anime' Galaxy Express 999 mural put up at station

Legendary 'anime' Galaxy Express 999 mural put up at station

TOKYO, Japan - A 12.7-meter-wide, 2.8-meter-high mural of the legendary ''anime'' film ''Galaxy Express 999'' is put up at Oizumi Gakuen Station of Seibu Railway Co. in Tokyo's Nerima Ward, dubbed the birthplace of Japanese animated films.

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Seibu Railway shareholders OK plan to reorganize group operations

Seibu Railway shareholders OK plan to reorganize group operations

TOKOROZAWA, Japan - President Takashi Goto (C) and other management members of Seibu Railway Co. bow to shareholders at the beginning of an extraordinary shareholders general meeting in Tokorozawa, Saitama Prefecture, on Dec. 21. The meeting endorsed a plan to reorganize the company's group operations under a holding firm, a move that will end control of the railway and resort conglomerate by Kokudo Corp. and business tycoon Yoshiaki Tsutsumi, who has received a suspended prison term for insider trading and falsifying statements.

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2 Tsutsumi brothers to launch bid for Seibu Railway

2 Tsutsumi brothers to launch bid for Seibu Railway

TOKYO, Japan - Seiji Tsutsumi (L) and Yuji Tsutsumi, the two members of the Seibu group founding family will offer to buy Seibu Railway Co. in a bid to thwart efforts by Takashi Goto, the current president of the railway firm, to move the group toward a holding company structure, sources close to the matter said on Oct. 31. Goto is working with Yoshiaki Tsutsumi, former chairman of Kokudo Corp., to restructure the Seibu group.

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Seibu Railway looks to Cerberus to turn group around

Seibu Railway looks to Cerberus to turn group around

TOKYO, Japan - Takashi Goto (L), president of Seibu Railway Co., speaks to reporters at a press conference at a Tokyo hotel on Oct. 18 about a decision to choose U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for Kokudo Corp., the core firm of the Seibu group.

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Seibu group to set up holding company for reconstruction

Seibu group to set up holding company for reconstruction

TOKYO, Japan - Seibu Railway Co. President Takashi Goto (L) speaks at a press conference in a Tokyo hotel on Aug. 10. He said the Seibu group has chosen to reconstruct itself under a holding company, deviating from an earlier plan for the railway firm to absorb other key group members.

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Seibu Railway shareholders endorse new management

Seibu Railway shareholders endorse new management

TOKOROZAWA, Japan - Masao Ishibashi, vice president of Seibu Railway Co., addresses an extraordinary shareholders meeting in Tokorozawa, Saitama Prefecture, on May 24. (Pool photo)

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(5)Business tycoon Tsutsumi arrested in Seibu share scam

(5)Business tycoon Tsutsumi arrested in Seibu share scam

OSAKA, Japan - A large screen at a railway station in Osaka runs news on the arrest of former Kokudo Corp. Chairman Yoshiaki Tsutsumi on March 3. Tsutsumi, once listed by Forbes magazine as the world's richest man, was arrested for his alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading.

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(3)Business tycoon Tsutsumi arrested in Seibu share scam

(3)Business tycoon Tsutsumi arrested in Seibu share scam

TOKYO, Japan - Prosecutors raid the head office of Seibu Railway Co. (R) and the building that houses the headquarters of Kokudo Corp. in Tokorozawa, Saitama Prefecture near Tokyo on March. 3. The two firms were raided over former Kokudo Chairman Yoshiaki Tsustumi's alleged involvement in falsifying financial statements on shareholdings in the railway operator and insider trading. Tsutsumi was arrested.

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(4)Business tycoon Tsutsumi arrested in Seibu share scam

(4)Business tycoon Tsutsumi arrested in Seibu share scam

TOKYO, Japan - A vehicle carrying former Kokudo Corp. Chairman Yoshiaki Tsutsumi enters the Tokyo Detention House on March 3. Tsutsumi, once listed by Forbes magazine as the world's richest man, was arrested for his alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading.

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(2)Business tycoon Tsutsumi arrested in Seibu share scam

(2)Business tycoon Tsutsumi arrested in Seibu share scam

TOKOROZAWA, Japan - Prosecutors enter the headquarters of Kokudo Corp. in Tokorozawa, Saitama Prefecture near Tokyo on March 3. The company was searched in connection with former Chairman Yoshiaki Tsutsumi's alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading. Tsutsumi was arrested.

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(1)Business tycoon Tsutsumi arrested in Seibu share scam

(1)Business tycoon Tsutsumi arrested in Seibu share scam

TOKOROZAWA, Japan - A vehicle believed to be carrying former Kokudo Corp. Chairman Yoshiaki Tsutsumi leaves a hotel in Tokyo on March 3 after prosecutors asked him to appear before them for questioning over allegations of making false statements about shareholdings in Seibu Railway Co. and insider trading. He was arrested later.

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Tsutsumi accepts Seibu group reform plan

Tsutsumi accepts Seibu group reform plan

TOKYO, Japan - Toshiyuki Ono, president of Kokudo Corp., reads out a statement by Yoshiaki Tsutsumi, former Kokudo chairman, during a press conference in Tokyo on Feb. 25. In the statement, Tsutsumi said he has accepted a restructuring plan for the Seibu Railway Co. group that will split up Kokudo and dilute Tsutsumi's influence in the conglomerate.

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Former Seibu Railway President Koyanagi hangs himself

Former Seibu Railway President Koyanagi hangs himself

TOKYO, Japan - Former Seibu Railway Co. President Terumasa Koyanagi (file photo), who prosecutors had questioned in the past month over the railway firm's false financial statements, was found to have hanged himself at his home in Tokyo on Feb. 19, police said.

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Shareholders seek 350 mil. yen damages from Seibu, Kokudo

Shareholders seek 350 mil. yen damages from Seibu, Kokudo

TOKYO, Japan - Plaintiffs suing scandal-tainted Seibu Railway Co, its parent Kokudo Corp., and former top executives enter the Tokyo District Court building Feb. 1. A total of 211 individuals and two companies holding shares in Seibu Railway jointly sought more than 350 million yen in damages. The plaintiffs had purchased Seibu Railway shares before the company revealed its long-time practice of falsifying its financial statements.

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Seibu gives up plan to list stock on Jasdaq before end of March

Seibu gives up plan to list stock on Jasdaq before end of March

TOKYO, Japan - Seibu Railway Co. President Terumasa Koyanagi (standing) speaks to reporters in Tokyo on Dec. 10 about the abandonment of the company's plan to list its stocks on the Jasdaq over-the-counter market by the end of next March. Seibu stocks are scheduled to be delisted from the Tokyo Stock Exchange on Dec. 17 over a disclosure scandal.

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Seibu Railway group advisory panel meets to work out reforms

Seibu Railway group advisory panel meets to work out reforms

TOKYO, Japan - Ken Moroi, an adviser to Taiheiyo Cement Corp. who heads the five-member advisory panel of the Seibu Railway Co. group, looks through papers at a Tokyo hotel as the panel holds its first meeting to make a reform plan for the group. The panel was set up after a scandal involving the railway operator's false financial statements.

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(2)TSE to delist Seibu Railway stock after disclosure scandal

(2)TSE to delist Seibu Railway stock after disclosure scandal

TOKYO, Japan - Seibu Railway Co. President Terumasa Koyanagi deals with a barrage of media questions after his press conference in Tokyo on Nov. 12 following reports that the Tokyo Stock Exchange will delist railway operator as its long-running practice of falsifying its financial statements has hurt investors' confidence in the securities market.

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(1)TSE to delist Seibu Railway stock after disclosure scandal

(1)TSE to delist Seibu Railway stock after disclosure scandal

TOKYO, Japan - Seibu Railway Co. President Terumasa Koyanagi (C) and his aides offer their apology at a press conference in Tokyo on Nov. 12 following reports that the Tokyo Stock Exchange will delist railway operator as its long-running practice of falsifying its financial statements has hurt investors' confidence in the securities market.

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(2)Yoshiaki Tsutsumi resigns from all posts

(2)Yoshiaki Tsutsumi resigns from all posts

TOKYO, Japan - Kokudo Corp. Chairman Yoshiaki Tsutsumi bows his head at a press conference Oct. 13. Tsutsumi resigned from all the posts he held in the company and Seibu Railway Co.'s group firms to take responsibility for revising Seibu Railway's financial statements. Tsutsumi, also the owner of the Seibu Lions professional baseball club, intends to resign from the post as well after the end of the Japan Series in which the team will compete later in October.

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(2)Seibu Railway Chairman Tsutsumi to resign over scandal

(2)Seibu Railway Chairman Tsutsumi to resign over scandal

TOKOROZAWA, Japan - Seibu Railway Co. Chairman Yoshiaki Tsutsumi (R) speaks at a press conference at his company head office in Tokorozawa, Saitama Prefecture, on April 14 of his intention to resign over a payoff scandal involving three company executives. ''I will step down to take moral responsibility for failing to supervise the executives adequately and for allowing the scandal to happen,'' Tsutsumi said.

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Seibu Railway Chairman Tsutsumi to resign over scandal

Seibu Railway Chairman Tsutsumi to resign over scandal

TOKOROZAWA, Japan - Seibu Railway Co. Chairman Yoshiaki Tsutsumi tells reporters April 14 in Tokorozawa, Saitama Prefecture, that he will resign over a payoff scandal involving three company executives. Tsutsumi, 69, said he will completely withdraw from the railway business.

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(4)Seibu Railway execs held over illegal payments to racketeers

(4)Seibu Railway execs held over illegal payments to racketeers

TOKYO, Japan - Hiroyuki Toda (R), president of Seibu Railway Co., speaks at a press conference at the company's head office in Tokorozawa, Saitama Prefecture, on March 1 about the arrest of three senior company officials on suspicion of paying off ''sokaiya'' corporate racketeers.

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(3)Seibu Railway execs held over illegal payments to racketeers

(3)Seibu Railway execs held over illegal payments to racketeers

TOKYO, Japan - Hiroyuki Toda (R), president of Seibu Railway Co., and other Seibu executives, bow to reporters during a press conference at the company's head office in Tokorozawa, Saitama Prefecture, on March 1 after three senior company officials were arrested on suspicion of paying off ''sokaiya'' corporate racketeers.

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(2) Seibu Railway execs held over illegal payments to racketeers

(2) Seibu Railway execs held over illegal payments to racketeers

TOKOROZAWA, Japan - Investigators search Seibu Railway Co.'s headquarters March 1 in Tokorozawa, Saitama Prefecture, as three senior company officials were arrested for allegedly paying off a corporate racketeer in violation of the Commercial Code.

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Seibu Railway exec arrested for paying off racketeer

Seibu Railway exec arrested for paying off racketeer

TOKOROZAWA, Japan - An official in charge of public relations at Seibu Railway Co., briefs reporters in Tokorozawa, Saitama Prefecture, on March 1 after police arrested the company's Senior Managing Director Seiichi Ikura on suspicion of paying off a ''sokaiya'' corporate racketeer.

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Obuchi enjoys a golf holiday in Karuizawa

Obuchi enjoys a golf holiday in Karuizawa

KARUIZAWA, Japan - Prime Minister Keizo Obuchi (R) enjoys playing golf on his summer holidays in Karuizawa, Nagano Prefecture, on Aug. 16. Among political and business figures playing with Obuchi were Tsutomu Hata, secretary general of the Democratic Party of Japan, Goro Yoshimura, governor of Nagano Prefecture, and Yoshiaki Tsutsumi (L), chairman of Seibu Railway Co.

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(2)Yoshiaki Tsutsumi resigns from all posts

(2)Yoshiaki Tsutsumi resigns from all posts

TOKYO, Japan - Kokudo Corp. Chairman Yoshiaki Tsutsumi bows his head at a press conference Oct. 13. Tsutsumi resigned from all the posts he held in the company and Seibu Railway Co.'s group firms to take responsibility for revising Seibu Railway's financial statements. Tsutsumi, also the owner of the Seibu Lions professional baseball club, intends to resign from the post as well after the end of the Japan Series in which the team will compete later in October. (Kyodo)

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(2)TSE to delist Seibu Railway stock after disclosure scandal

(2)TSE to delist Seibu Railway stock after disclosure scandal

TOKYO, Japan - Seibu Railway Co. President Terumasa Koyanagi deals with a barrage of media questions after his press conference in Tokyo on Nov. 12 following reports that the Tokyo Stock Exchange will delist railway operator as its long-running practice of falsifying its financial statements has hurt investors' confidence in the securities market. (Kyodo)

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(1)TSE to delist Seibu Railway stock after disclosure scandal

(1)TSE to delist Seibu Railway stock after disclosure scandal

TOKYO, Japan - Seibu Railway Co. President Terumasa Koyanagi (C) and his aides offer their apology at a press conference in Tokyo on Nov. 12 following reports that the Tokyo Stock Exchange will delist railway operator as its long-running practice of falsifying its financial statements has hurt investors' confidence in the securities market. (Kyodo)

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Seibu Railway group advisory panel meets to work out reforms

Seibu Railway group advisory panel meets to work out reforms

TOKYO, Japan - Ken Moroi, an adviser to Taiheiyo Cement Corp. who heads the five-member advisory panel of the Seibu Railway Co. group, looks through papers at a Tokyo hotel as the panel holds its first meeting to make a reform plan for the group. The panel was set up after a scandal involving the railway operator's false financial statements. (Kyodo)

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Seibu gives up plan to list stock on Jasdaq before end of March

Seibu gives up plan to list stock on Jasdaq before end of March

TOKYO, Japan - Seibu Railway Co. President Terumasa Koyanagi (standing) speaks to reporters in Tokyo on Dec. 10 about the abandonment of the company's plan to list its stocks on the Jasdaq over-the-counter market by the end of next March. Seibu stocks are scheduled to be delisted from the Tokyo Stock Exchange on Dec. 17 over a disclosure scandal. (Kyodo)

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Shareholders seek 350 mil. yen damages from Seibu, Kokudo

Shareholders seek 350 mil. yen damages from Seibu, Kokudo

TOKYO, Japan - Plaintiffs suing scandal-tainted Seibu Railway Co, its parent Kokudo Corp., and former top executives enter the Tokyo District Court building Feb. 1. A total of 211 individuals and two companies holding shares in Seibu Railway jointly sought more than 350 million yen in damages. The plaintiffs had purchased Seibu Railway shares before the company revealed its long-time practice of falsifying its financial statements. (Kyodo)

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Tsutsumi accepts Seibu group reform plan

Tsutsumi accepts Seibu group reform plan

TOKYO, Japan - Toshiyuki Ono, president of Kokudo Corp., reads out a statement by Yoshiaki Tsutsumi, former Kokudo chairman, during a press conference in Tokyo on Feb. 25. In the statement, Tsutsumi said he has accepted a restructuring plan for the Seibu Railway Co. group that will split up Kokudo and dilute Tsutsumi's influence in the conglomerate. (Kyodo)

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(5)Business tycoon Tsutsumi arrested in Seibu share scam

(5)Business tycoon Tsutsumi arrested in Seibu share scam

OSAKA, Japan - A large screen at a railway station in Osaka runs news on the arrest of former Kokudo Corp. Chairman Yoshiaki Tsutsumi on March 3. Tsutsumi, once listed by Forbes magazine as the world's richest man, was arrested for his alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading. (Kyodo)

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(4)Business tycoon Tsutsumi arrested in Seibu share scam

(4)Business tycoon Tsutsumi arrested in Seibu share scam

TOKYO, Japan - A vehicle carrying former Kokudo Corp. Chairman Yoshiaki Tsutsumi enters the Tokyo Detention House on March 3. Tsutsumi, once listed by Forbes magazine as the world's richest man, was arrested for his alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading. (Kyodo)

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(1)Business tycoon Tsutsumi arrested in Seibu share scam

(1)Business tycoon Tsutsumi arrested in Seibu share scam

TOKYO, Japan - A vehicle believed to be carrying former Kokudo Corp. Chairman Yoshiaki Tsutsumi leaves a hotel in Tokyo on March 3 after prosecutors asked him to appear before them for questioning over allegations of making false statements about shareholdings in Seibu Railway Co. and insider trading. He was arrested later. (Kyodo)

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(2)Business tycoon Tsutsumi arrested in Seibu share scam

(2)Business tycoon Tsutsumi arrested in Seibu share scam

TOKOROZAWA, Japan - Prosecutors enter the headquarters of Kokudo Corp. in Tokorozawa, Saitama Prefecture near Tokyo on March 3. The company was searched in connection with former Chairman Yoshiaki Tsutsumi's alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading. Tsutsumi was arrested. (Kyodo)

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Former Kokudo chief Tsutsumi released on 100 mil. yen bail

Former Kokudo chief Tsutsumi released on 100 mil. yen bail

TOKYO, Japan - Former Kokudo Corp. Chairman Yoshiaki Tsutsumi walks down toward his car March 24 after being released on 100 million yen bail following his indictment the previous day on charges of taking a leading role in making false reports on Kokudo's shareholdings in Seibu Railway Co. and of insider trading of shares in the railway operator. (Kyodo)

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Seibu Railway shareholders endorse new management

Seibu Railway shareholders endorse new management

TOKOROZAWA, Japan - Masao Ishibashi, vice president of Seibu Railway Co., addresses an extraordinary shareholders meeting in Tokorozawa, Saitama Prefecture, on May 24. (Pool photo)(Kyodo)

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Tsutsumi admits role in false stock reports, insider trading

Tsutsumi admits role in false stock reports, insider trading

TOKYO, Japan - Yoshiaki Tsutsumi, former chairman of Kokudo Corp. and Seibu Railway Co., enters the Tokyo District Court on June 16. He admitted his involvement in falsifying financial statements on shareholdings of Seibu Railway and insider trading in the first hearing of his trial. (Kyodo)

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