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Kubota apologizes to shareholders for paying off racketeers

Kubota apologizes to shareholders for paying off racketeers

OSAKA, Japan - An audience at the Osaka headquarters of machinery maker Kubota Corp. watches a video monitor showing senior company officials bowing in apology at the company's annual shareholders meeting June 29. The apology, broadcast live, was for the recent arrests of two racketeers accused of accepting payoffs from the company.

Police raid Kubota over unlawful payment to racketeers

Police raid Kubota over unlawful payment to racketeers

OSAKA, Japan - Police officers walk into the head office of Kubota Corp., a major farm machinery maker, in Osaka on June 15 for investigation on suspicion it paid as much as 350 million yen in cash to two corporate racketeers under the pretext of billboard advertising.

Kubota suspected of paying off racketeers

Kubota suspected of paying off racketeers

OSAKA, Japan - The Osaka head office of Kubota Corp., a major Japanese farm machinery maker, is raided by police June 15 as the company is suspected of making 350 million yen in illegal payoffs to two ''sokaiya'' racketeers under the guise of rental fees for billboard advertising.

Police raid Kubota over unlawful payment to racketeers

Police raid Kubota over unlawful payment to racketeers

OSAKA, Japan - Police officers walk into the head office of Kubota Corp., a major farm machinery maker, in Osaka on June 15 for investigation on suspicion it paid as much as 350 million yen in cash to two corporate racketeers under the pretext of billboard advertising.

Kubota apologizes to shareholders for paying off racketeers

Kubota apologizes to shareholders for paying off racketeers

OSAKA, Japan - An audience at the Osaka headquarters of machinery maker Kubota Corp. watches a video monitor showing senior company officials bowing in apology at the company's annual shareholders meeting June 29. The apology, broadcast live, was for the recent arrests of two racketeers accused of accepting payoffs from the company.

Kubota suspected of paying off racketeers

Kubota suspected of paying off racketeers

OSAKA, Japan - The Osaka head office of Kubota Corp., a major Japanese farm machinery maker, is raided by police June 15 as the company is suspected of making 350 million yen in illegal payoffs to two ''sokaiya'' racketeers under the guise of rental fees for billboard advertising.