CH3CHO comments

Posted in: S Korea's top court orders 2nd Japanese company to compensate forced laborers See in context

melonbarmonsterToday 06:11 am JST

I think proper delineation is war crime, victims. The Treaty expressly excludes them.*

Here is the link to the treaty, translated into English. https://en.wikisource.org/wiki/Agreement_Between_Japan_and_the_Republic_of_Korea_Concerning_the_Settlement_of_Problems_in_Regard_to_Property_and_Claims_and_Economic_Cooperation

Where does it "expressly exclude" war crime compensation payment? Would you point that out for us?

melonbarmonster, I think someone told you something that made you misunderstand. Be careful of what the same person tells you, because there is a lot of misinformation floating around Korea Japan debate.

The 1965 Treaty is a diplomatic agreement and doesn't include matters that involve war crimes and crimes against humanity.

Why not? Why cannot we agree to pay compensation for "war crimes and crimes against humanity"? If what you say is true, Japan should not pay anything, because a few years later, someone will say the payment does not cover damages for "war crimes and crimes against humanity".

The money was paid in 1965. Case closed.

7 ( +8 / -1 )

Posted in: Mitsubishi Motors fires Ghosn; CEO to be interim chairman See in context

HollisBrownToday 10:44 am JST

Yet his conclusion was to support Ghosn's removal as chairman. Weird logic.

Nothing weird. Mitsubishi Motors appointed Ghosn as the chairman just because he was the chairman of Nissan. Now, rightly or wrongly, he was dismissed from Nissan. It is only logical for Mitsubishi Motors to remove him form the chair. You would do exactly the same thing, if you were in Masuko' shoes.

-2 ( +1 / -3 )

Posted in: Nissan CEO tells employees he intends to review alliance with Renault See in context

It is clear that the current management team of Nissan, including Saikawa, could not prevent or even disclose the alleged wrong doings for years. Renault should simply replace them. It is idiotic that they say that they be given a bigger role.

9 ( +11 / -2 )

Posted in: Nissan ends Ghosn's two-decade reign with last-minute Renault backing See in context

Itsonlyrocknroll, thanks. Great link. The section titled "Disclosure" is pertinent.

Disclosure

An open KK must disclose the aggregate remuneration of its directors (in KKs with a supervisory committee this includes directors who are members of the supervisory committee and other directors) or the respective remuneration of each director to its shareholders in its business report. If directors are given stock options, the company must disclose an outline of the terms and conditions of the stock options granted and the number of directors who have stock options. In its business report, a company with outside directors must make separate disclosures for outside directors and those who are not outside directors.

In addition, a listed KK must disclose the following information in the securities report under the Financial Instruments and Exchange Law:

The amount of remuneration and a breakdown by the type of payments (for example, salary, bonus, stock option or retirement payment) for each director, if his remuneration for the relevant fiscal year is JPY100 million or more.

> The total amounts of remuneration for directors and outside directors and a breakdown by the type of payments.

Ghosn received more than 100 yen. So he had to disclose "the amount of remuneration and a breakdown by the type of payments". But it does not say any disclosure requirements about fringe benefits, because it is not required.

7 ( +7 / -0 )

Posted in: Over 80,000 apply to be volunteers at Tokyo 2020 Games See in context

https://tokyo2020.org/en/special/volunteer/application/

You have to work 8 hours a day for at least 10 days and receive NO MONEY, except 1,000 yen train ticket voucher per day.

You cannot watch the games while you are working. It is just amazing.

4 ( +4 / -0 )

Posted in: Nissan ends Ghosn's two-decade reign with last-minute Renault backing See in context

Miscarriage of justice.

Nissan's Stock exchange filings show, it is Saikawa who is responsible of the accuracy of the financial statements in question. See the filing on November 12, 2018 at EDINET.

当社取締役社長西川廣人及び最高財務責任者軽部博は、当社の第120期第2四半期(自 平成30年7月1日 至 平成30年9月30日)の四半期報告書の記載内容が金融商品取引法令に基づき適正に記載されていることを確認した。

確認に当たり、特記すべき事項はない。

It says Saikawa has confirmed that the financial statements are duly presented and there is nothing special to mention to the investors. This is an utter lie to the shareholders and the public. He knew the financials were under investigation and had legal responsibility to disclose the fact to the investors as soon as possible, which he did not.

Another filing by Nissan on June 28, 2008 is as follows.

取締役社長西川廣人及び最高財務責任者軽部博は、当社の財務報告に係る内部統制の整備及び運用に責任を有しており、企業会計審議会の公表した「財務報告に係る内部統制の評価及び監査の基準並びに財務報告に係る内部統制の評価及び監査に関する実施基準の設定について(意見書)」に示されている内部統制の基本的枠組みに準拠して財務報告に係る内部統制を整備及び運用している

It says that President Saikawa and CFO Karube are responsible for the maintenance and operation of the internal controls of the financial reporting, which they failed. If anyone is liable for the inaccuracy of the financial statements, it is Saikawa and Karube.

The charge against Ghosn is that he failed to disclose his fringe benefits in the Nissan's financial statements. By the way, disclosing fringe benefits to the public is one thing, reporting fringe benefits as income to the tax office is another. They should not be confused. Ask yourself if you disclose your earnings to the public.

Anyway, I looked through the financial statements of other Japanese companies, and none of them discloses fringe benefits of the directors. All they disclose are cash remuneration, stock remuneration and stock-option remuneration. I want to challenge the prosecutors if there is even one Japanese firm that discloses fringe benefits of the directors. Toyota does not. Honda does not. Nissan's Saikawa does not. Why not? Because disclosing fringe benefits to the public is not regulational requirement.

The prosecutors are pressing charges that do not exist in the laws. Their game plan is to extort confession of some other crime. I doubt it works.

"Japan's industry minister and France's finance minister are due to meet in Paris on Thursday to seek ways to stabilise it."

This is very abnormal. It is understandable that French minister wants to meet because French government owns 15% of Renault. But Japanese industry minister does not have any control over Nissan or the investigation, or the stock exchange filing. He has nothing to talk about. Unless he is orchestrating all the farce.

11 ( +11 / -0 )

Posted in: Arrest of Ghosn and another top exec sends shockwaves through Nissan See in context

Braze

The only reason that they arrested the Ghosn is because the State did not get its cut of the funds.

You are mislead. The allegation has nothing to do with tax. The allegation is if he did not disclose some of his remuneration to the shareholders in the financial statements.

I just looked through the financial statements of Japanese firms at EDINET. None of the directors of famous Japanese firms disclosed fringe benefits to in the shareholders. The directors of Toyota did not. Honda did not. Fuji TV, Nippon TV, or TBS did not. Disclosing fringe benefits is NOT generally accepted accounting standards here. Why is it a crime not to disclose the fringe benefits, when it is Ghosn?

0 ( +0 / -0 )

Posted in: Ghosn arrest shakes Franco-Japanese alliance See in context

If you can read Japanese, read this securities filing of Nissan by President Saikawa dated November 12, 2018.

https://disclosure.edinet-fsa.go.jp/E01EW/BLMainController.jsp?uji.verb=W00Z1010initialize&uji.bean=ek.bean.EKW00Z1010Bean&TID=W00Z1010&PID=W1E63011&SESSIONKEY=1542778493343&lgKbn=2&pkbn=0&skbn=1&dskb=&askb=&dflg=0&iflg=0&preId=1&mul=%E6%97%A5%E7%94%A3%E8%87%AA%E5%8B%95%E8%BB%8A&fls=on&oth=on&cal=1&era=H&yer=&mon=&pfs=4&row=100&idx=0&str=&kbn=1&flg=&syoruiKanriNo=S100EIDS

当社取締役社長西川廣人及び最高財務責任者軽部博は、当社の第120期第2四半期(自 平成30年7月1日 至 平成30年9月30日)の四半期報告書の記載内容が金融商品取引法令に基づき適正に記載されていることを確認した。

確認に当たり、特記すべき事項はない。

"The Company's President Saikawa Hiroto and its CFO Karube Hiroshi have confirmed that the Company's second quarter financial statements for the 120th fiscal year, i.e. from July 1, 2018 to September 30, 2018, are duly reported in accordance with the laws and regulations of Financial Products Trading.

There is nothing special to mention in confirming the financial statements."

The President Saikawa said that the internal investigation was going on for months. How could he make the above J-Sox oath just a week before Ghosn's arrest? Saikawa mislead the investors.

1 ( +1 / -0 )

Posted in: Airbnb hopes to make rules simpler for home-rental services in Japan See in context

zichi

Tourist spots are over-crowded in Japan. What is the point of increasing the number of tourists, rather than tourist spending? The first step in marketing is to target the customer. The new law that allows substandard accommodation is strategically misdirected.

0 ( +0 / -0 )

Posted in: JR Central employee overcharged foreigners for bullet train tickets See in context

If you do not like it, why do not you file a complaint? Article 239 of Code of Criminal Procedure says that ANY person, if victim or not, can file a complaint to the public prosecutor or the police of a crime that the person knows happened.

7 ( +10 / -3 )

Posted in: Japan's new 'Airbnb law' a double-edged sword See in context

macvToday  01:30 pm JST

greedy hotel owners charge per person per night

In reality, the rates themselves differ depending on the number of persons using a room.

https://www.jtb.co.jp/kokunai/pkg/tourdetail.aspx?tourcd=13HN45J0810053570290&dept=TYO&brand=tourdom&SearchType=standard&area=A07&TourConFlg=N#CalenderTop

Actual example

1 twin room for 3 guests: 4,900 per person, total 14,700 yen

1 twin room for 2 guests: 5,900 per person, total 11,800 yen

difference 2,900 yen

Of course, you need an extra bed, linen, towels, and so on, which are not free.

0 ( +2 / -2 )

Posted in: Japan's new 'Airbnb law' a double-edged sword See in context

If you let people lodge in your property as a business in Japan, you need a licence. You have to comply with the sanitary conditions, safety standards such as a separate emergency exit, crime prevention procedure such screening of international terrorists and so on.

I do not know why but Americans are too optimistic about business using the internet as if nothing wrong would happen.

0 ( +5 / -5 )

Posted in: Lawyers to sue nationalists over anti-Korean school campaign See in context

smithinjapanToday  12:53 pm JST

Ummm... you do know that what right-wingers call "fake news" is actually, fact, right?

Where do you stand? You mean "fake news" is fact, or the other way around?

I understand that fake news is a serious problem in the US. The only defense is to check facts.

Now, I do check facts on the misinformation about Koreans in Japan. Does that bother you? If you disagree to the facts I present, why don’t you bring your evidence, rather than resort to ad hominem?

9 ( +13 / -4 )

Posted in: Lawyers to sue nationalists over anti-Korean school campaign See in context

starpunkToday  10:40 am JST

I was told that until 1988 Korean-descended Japanese had to carry IDs showing that their ethnicity was Korean.

That was not true, either. Korean nationals had to carry ID's in Japan. Korean-descended Japanese did not need to carry ID's.

Do you know why there are so much misinformation about Koreans in Japan? The same reason as there are so much fake news in the US.

8 ( +14 / -6 )

Posted in: Lawyers to sue nationalists over anti-Korean school campaign See in context

In 2010, the Japanese government launched a policy that made high school tuition basically free, including at ethnic schools.

In designing the policy, the government purposely excluded a dozen Korean schools due to their alleged links to the pro-Pyongyang General Association of Korean Residents in Japan, known as Chongryon.

The second sentence is not exactly true. They are excluded because they are not high schools and that is because their curriculum does not satisfy high school education standards.

5 ( +12 / -7 )

Posted in: Pompeo: U.S. will need to give Kim Jong Un security assurances See in context

BlacklabelToday  03:58 pm JST

By the time of the next presidential election, NK's promise will have been broken. The US cannot do anything against NK for fear of nuclear attacks by NK. NK is buying time it needs, and who is foolish enough to give NK the time it needs?

1 ( +2 / -1 )

Posted in: Man arrested over 7-year-old girl's murder See in context

Does anyone here know presumed innocence? No wonder so many corrupt convictions in the US and the UK.

0 ( +7 / -7 )

Posted in: Pompeo: U.S. will need to give Kim Jong Un security assurances See in context

Silly. Cannot Trump and his friends learn from recent history?

Kim has no intention to keep his promise. What can the US do if he breaks the promise? Nothing. By the time the US finds his true intention, NK will have taken the whole mankind as hostage.

-4 ( +0 / -4 )

Posted in: N Korean media say Japanese abduction issue already resolved See in context

smithinjapanToday  11:25 am JST

In 2002, NK formally admitted that its spy agents abducted Japanese citizens from Japanese soil. Five of the abductees were released from NK. They testified there were more Japanese abductees in NK.

Japanese government believes they are still alive. NK says the rest of the abductees were all dead due to some "accidents" without showing any evidence.

You should keep in mind that hostage taking is NK's ordinary course of business.

0 ( +0 / -0 )

Posted in: Local governments appeal tsunami death compensation rulings See in context

Hindsight is 20/20.

The school was located 4 km away from the seashore. The place was not classified as tsunami danger zone in the previous assessment. Few people thought the tsunami might travel as long as 4 km. We cannot predict everything.

By the way, down town Tokyo is classified as tsunami danger zone. Tsunami actually came to Tokyo seashore on March 11, 2011. It was very small, but we cannot tell its size until it hits the seashore. How many evacuated from downtown Tokyo right after the earthquake to protect oneself and the family from the tsunami?

1 ( +4 / -3 )

Posted in: Japan gov't debt hits record-high Y1,087 tril at end of March See in context

Matt HartwellToday  04:17 pm JST

Japan has less room to move than much of the developed world and that's not saying much.

You are totally wrong. Japan is a lot better than the US or EU.

The US has huge amount of external debt. No government has defaulted because of internal debt. Governments that defaulted are all due to external debt. The largest creditor to US is People's Republic of China. There will be a day when the US begs debt forgiveness to China.

EU's fatal problem is EURO. They simply cannot print money. So, government debt crisis occur once in a few years.

1 ( +2 / -1 )

Posted in: Trump-Kim summit set for June 12 in Singapore See in context

Has anyone ever read Korean folklore? There are many stories of "the rabbit and the tiger". The outline is all similar like this. The tiger tries to eat the rabbit. The rabbit tells a lie to the tiger, which foolishly believes in the lie. The tiger dies miserably because of the lie, and the rabbit lives happily ever after.

They are going to add the story of "Kim the rabbit and Trump the tiger" to their library.

NK will not promise denuclearization for free. Trump has to give Kim a huge concession in order to secure Nobel, no, world peace. NK gets the concession and breaks the promise as they did a couple of times so far.

3 ( +3 / -0 )

Posted in: Japan gov't debt hits record-high Y1,087 tril at end of March See in context

If you think "Oh, the government is eating my precious net worth by issuing debt," you are wrong.

We live in a zero-sum world. If you have any amount of positive net worth, someone else has the same amount of negative net worth. How can everyone be happy? The only way is to accumulate the negative net worth to the person who feels the least pain, which is the government. Japan is doing well.

-1 ( +2 / -3 )

Posted in: Japan gov't debt hits record-high Y1,087 tril at end of March See in context

You need to know macro-economics. Net government debt equals net surplus of private sector (if there is no borrowing from foreign countries). So, you can have only two situations. Big government debt and big surplus in the private sector, or no government debt and no surplus in the private sector. The combination of no government debt and big surplus in the private sector never happens.

If you want to see a big surplus in the private sector, big government debt is nothing but a good news. The government can finance itself by printing money without raising taxes. There is no inflation in sight. The yen may fall against the dollar? That is a good news for the Japanese exporters. I do not see any problem.

1 ( +3 / -2 )

Posted in: 5 more Australian MPs leave parliament after court's citizenship ruling See in context

tinawatanabeToday 04:04 pm JST

In Japan, your Japanese nationality is revoked if other nationality is not renounced

We all know that is incorrect. To keep Japanese nationality, one only has to "choose" Japanese nationality and promise to "make efforts" to lose other nationalities. There is no penalty for not making any efforts. Keeping other nationalities does not lead to loss of Japanese nationality.

Japanese government may revoke Japanese nationality if the double national takes a prominent public office of a foreign government or naturalizes to a third country out of the free will of the double national.

0 ( +2 / -2 )

Posted in: 5 more Australian MPs leave parliament after court's citizenship ruling See in context

theeastisredToday  03:01 pm JST

She did not lose her office as a law maker, you see. The issue was an ethical question rather than legal one if she had lied to the voters about her nationality.

1 ( +3 / -2 )

Posted in: 5 more Australian MPs leave parliament after court's citizenship ruling See in context

Australia is pretty much behind. In Japan, if a person has Japanese nationality, his/her other nationalities do not prevent him/her from taking a public office.

-4 ( +3 / -7 )

Posted in: Japan and N Korea should talk, S Korea's Moon says See in context

It should be after seeing the result of talks between U.S., North Korea and South Korea.

Very true. What is on the table is denuclearization of Korean "Peninsular" that includes US bases in SK. It was well documented that there were nuclear warheads in the US bases in SK. NK will demand continual inspection of all the US bases in SK and inspection of all the goods that is to be brought into the bases. NK knows US cannot accept such terms, and tit for tat, NK will naturally decline US inspection of the bases in NK. US President Trump will be put in an awkward situation and will have to choose breaking up the deal or losing all the bases in SK. He should have asked for experts' advice.

-9 ( +2 / -11 )

Posted in: Japanese 'Marines' engage in exercise with maritime defense force See in context

They are named in the Japanese language as 水陸機動団. That someone translated them as "Marines" does not change their name one way or the other.

9 ( +10 / -1 )

Posted in: Protesters in 3 cities criticize Aso over sexual harassment comments See in context

zichiToday  03:08 pm JST

Needless to say, demotion within a private company is not a criminal punishment.

-2 ( +1 / -3 )

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