Trust is the fundamental for business in every nation. Japan has been seen as a place of restriction, but also a place of stability. The Yen continues to be competitive with the Euro and the US Dollar and Japanese companies seem to retain some influence the global economy. Japan is not known for the glaring scandals of the West….but in recent years, has been plagued with a succession of financial accounting fraud cases and exposure of bad business practices. Olympus and Toshiba committed massive accounting fraud. Kobe Steel is under investigation by the police for fraudulent activities. Coincheck, was hacked out of over 500 million dollars before being taken over by Monex. And even an American firm, Lehman Brothers Japan lost $350 million dollars in an elaborate fraud in 2008.
In the August CI lunch, writer for the Times of London, The Los Angeles Times, active member of the International Organisation of Transcontinental Organised Crime and Terrorism, and foreign correspondent for The Daily Beast with 25 years of experience as a reporter in Japan, Joshua (Jake) Adelstein will share with you what really is happening in the back offices of some Japan companies and organizations. He will update CEOs on:
Date: 11 September 2018 (Tuesday)
Time: 12:30pm to 2:00pm
Venue: Roppongi Hills Club – La Cucina
51F Roppongi Hills Mori Tower, 6-10-1 Roppongi Minato-ku, 106-6151