Subaru CEO, execs to return part of their pay over inspection scandal

When you are making over 10 Million yen per year, a "part" of your pay is probably no big deal!

How about 50% and donate the balance to charity! Just returning the money to the company means you'll probably end up getting it all back in time!

What "part" of the salary are they going to return? The transport allowance?

Return to whom? Subaru? How does that achieve anything?

Now let’s play a game and impose the same standards to manufacturers around the world and see how many recalls they get....

Not trying to excuse anything but you don’t need a magic ball to know that as always they set the bar really high sometime over details most would not bother with.

Time these scandal hit company executives introduced the Roman Legion practice of "decimation"

I'd bet they wouldn't make the same mistake again!

These articles are so hysterical. Japan is hysterical. Return part of your pay? And only part of it? How about you fire them, bar them from ever working in the automotive industry in an executive position for ten years and prosecute them and lock them up for their malicious practices? I sometimes really wonder how this country is still the world's third largest economy with all the idiocy that goes on here.

Is returning-part-of-your-pay the new getting-fired-and-going-to-jail?

It may seem like not much to you, but I cannot imagine ANY CEO here in Australia even admitting that they were at fault, never mind offering to take a salary cut by way of apology.

All they would do here would be to sack a few hundred workers from the shop floor and get their spin doctors to blame the unions, the government, the GFC - anything and anyone but them.

You guys don't know how lucky you are!

Pathetic! Form over substance!

All they would do here would be to sack a few hundred workers from the shop floor and get their spin doctors to blame the unions, the government, the GFC - anything and anyone but them. but if regulators find them guilty they likely get fined $millions, when was it a J corporations that got caught in fraud ever had to pay an large meaningful fines , not the petty cash ones that are handed out by the J government. when fines cost companies considerable amounts of money , eventually its the shareholders are the ones that want CEO blood.

Best punishment for senior executives is termination and withholding retirement pay. No perks for the fired executives.

They only recalled cars manufactured over the last three and a half years, despite the lack of certified inspections having taken place for 30 years. This is based on their 3 year warranty. Presumably they consider that any faults would have shown up by now! Luckily the build quality on Subarus is pretty good due to their history as a plane manufacturer, a more mission critical item.

Japanese companies indulging in manipulations should be heavily fined and money collected by the government should be spent on providing daycare facilities, free education, and cheap medical facilities to the aged people in the country.

"All executives will voluntarily return part of their pay," CEO Yasuyuki Yoshinaga told a press conference.

OH! Errai ne!

Lock em all up!

hey more bald spots and "moshi wake nai"

"moshi wake nai"

That's not the way you say it, otherwise there is no point, even in half-baked apologies...

They make well over 10 Million yen per year...

@JaneM2 - got my first (Subaru Leone) in 1983! No problems, same as yours. Currently waiting on delivery date for my latest.

"he and all other executives would return part of their pay", that all well and good, but, this is a bit vague for my liking can we have some clarification on exactly how much is going to be returned please. is it 1% or 80%? is it going to be in 1 lump sum, or is it spread out over 1-50 months? and where does the money go back to? Subaru HQ? I think as a gesture of good will they should donate XXX yen to various charities rather than going back into the pot.