A News Escort For Tokyo Escorts.

Jan 12, 2012 (Houston Chronicle – McClatchy-Tribune Information Services via COMTEX) –
Hiroma, my translator and tour guide in Tokyo, asked, “Is there anything special you’d like to see or do?”
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The Dome is where the Tokyo Giants baseball team plays. Baseball season is over in Japan but the gift shop was open. Some things are the same everywhere. I bought a Hiroshima Carp jersey, only because Carp is funnier than Giants.
I went to the Tokyo Auto Show, where they had prototypes of tiny nonpolluting autos than make the Smart Car look like a Hummer.
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My favorite place in Tokyo was the intersection at Hachiko Square. It’s the busiest pedestrian street crossing in the world. They call it “the Scramble.” More than 2.5 million people cross the street outside the train station at Hachiko Square each day. During one red light, there can be 10,000 people scrambling across the street. The first Starbucks in Japan is on the northwest corner.

See the full article from “Middle East North Africa Financial Network”

Let’s get one thing out of the way: The first “G” in Gbenga Adelekan’s name is silent. Great. The Nigerian-born musician is getting ready to show Japanese fans two sides of his musical persona when he storms Tokyo next week.
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Proving himself seems a genuine quest. He’s proud to be a part of Metronomy, but thinks his own musical ventures “should stand on their own.” He finds DJing to be very personal, and if Tokyo’s crowds are able to find their own space in the music, he’ll have succeeded. (Matthew Holmes)
Metronomy play Daikanyama Unit in Tokyo on Jan. 16 (¥5,500) and Olugbenga headlines the Tokyo Indie event on Jan. 20 at Trump Room in Shibuya, Tokyo (¥3,000). Japanese site Block.fm hosts an exclusive Olugbenga DJ set on Jan 14 between 11 p.m. and midnight. For details, visit www.creativeman.co.jp, www.tokyoindie.com, block.fm or www.thegissilent.wordpress.com.

See the full article from “The Japan Times”

… TOKYO — Japan’s disgraced Olympus Corp is suing its president and 18 other executives, past and present, for up to $47 US million in compensation, as it struggles to recover from one of the nation’s worst accounting scandals.Photograph by: Handout, Vancouver Sun
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Olympus shares surged as much as 28 per cent on the news, with investors betting the company’s clean-up efforts would help it avoid a humiliating delisting from the Tokyo Stock Exchange, in turn helping to ensure it stayed on bidders’ radars. The stock ended up 20 per cent.
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Rights issues are unwieldy and rare in Japan and private equity firms are often viewed as foreign asset strippers.
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Sources told Reuters on Monday that the Tokyo Stock Exchange was likely to keep Olympus listed under a “security on alert” designation, which would effectively enable it to remain traded provided it showed steady improvement in its internal controls.

See the full article from “Vancouver Sun”

By Yoko Kubota and Linda Sieg TOKYO | Tue Jan 10, 2012 7:28pm IST TOKYO (Reuters) – Japan’s disgraced Olympus Corp (7733.T) is suing its president and 18 other executives, past and present, for up to $47 million in compensation, as it struggles to recover from one of the nation’s worst accounting scandals. The maker of cameras and medical equipment said on Tuesday all board members subject to the lawsuit would quit in March or April, leaving it in the extraordinary position for now of continuing with its most senior executive, Shuichi Takayama, and five other directors it is suing for mismanagement.One analyst likened the current board to condemned men, resigned to their fate, and said they would have difficulty over the next few months making any strategic decisions, leaving Olympus more vulnerable to an eventual takeover.”Essentially, everyone feels they are on death row. It does seem extremely strange to have the death row cell inside the company,” said Nicholas Smith, head of Japanese equity stra …

See the full article from “Reuters India”

The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo November 24, 2011. — Reuters pic
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“Essentially, everyone feels they are on death row. It does seem extremely strange to have the death-row cell inside the company,” said Nicholas Smith, head of Japanese equity strategy at CLSA in Tokyo.
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Olympus shares surged as much as 28 per cent on the news, with investors betting the company’s clean-up efforts would help it to avoid a humiliating delisting from the Tokyo Stock Exchange, in turn helping to ensure it stayed on bidders’ radars. The stock ended up 20 per cent.
…
Rights issues are unwieldy and rare in Japan and private equity firms are often viewed as foreign asset strippers.
…
Sources told Reuters on Monday that the Tokyo Stock Exchange was likely to keep Olympus listed under a “security on alert” designation, which would effectively enable it to remain traded provided it showed steady improvement in its internal controls.

See the full article from “The Malaysian Insider”

TOKYO (Reuters) – Japan’s disgraced Olympus Corp is suing its president and 18 other executives, past and present, for up to $47 million in compensation, as it struggles to recover from one of the nation’s worst accounting scandals.
…
Olympus shares surged as much as 28 percent on the news, with investors betting the company’s clean-up efforts would help it avoid a humiliating delisting from the Tokyo Stock Exchange, in turn helping to ensure it stayed on bidders’ radars. The stock ended up 20 percent.
…
Rights issues are unwieldy and rare in Japan and private equity firms are often viewed as foreign asset strippers.
…
Sources told Reuters on Monday that the Tokyo Stock Exchange was likely to keep Olympus listed under a “security on alert” designation, which would effectively enable it to remain traded provided it showed steady improvement in its internal controls.

See the full article from “Yahoo!7 News”

Olympus seeks up to nearly $50 million in compensation TOKYO – Japan’s disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation’s worst accounting scandals.
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Olympus shares surged nearly 30 percent on the news, with investors betting the company’s clean-up efforts would help it to avoid a humiliating delisting from the Tokyo Stock Exchange, in turn helping to ensure it stayed on bidders’ radars.
…
Rights issues are an unwieldy and rare in Japan and private equity firms are often viewed as foreign asset strippers.
…
Sources told Reuters on Monday that the Tokyo Stock Exchange was likely to keep Olympus listed under a “security on alert” designation, which would effectively enable it to remain traded provided it showed steady improvement in its internal controls.

See the full article from “ABS CBN News”

Olympus Corp’s digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo December 6, 2011. Credit: Reuters/Kim Kyung-Hoon/Files
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“Essentially, everyone feels they are on death row. It does seem extremely strange to have the death-row cell inside the company,” said Nicholas Smith, head of Japanese equity strategy at CLSA in Tokyo.
…
Olympus shares surged nearly 30 percent on the news, with investors betting the company’s clean-up efforts would help it to avoid a humiliating delisting from the Tokyo Stock Exchange, in turn helping to ensure it stayed on bidders’ radars.
…
Rights issues are an unwieldy and rare in Japan and private equity firms are often viewed as foreign asset strippers.
…
Sources told Reuters on Monday that the Tokyo Stock Exchange was likely to keep Olympus listed under a “security on alert” designation, which would effectively enable it to remain traded provided it showed steady improvement in its internal controls.

See the full article from “Reuters India”

By Yoko Kubota and Linda Sieg TOKYO | Tue Jan 10, 2012 1:01pm GMT TOKYO (Reuters) – Japan’s disgraced Olympus Corp is suing its president and 18 other executives, past and present, for up to $47 million (30 million pounds) in compensation, as it struggles to recover from one of the nation’s worst accounting scandals. The maker of cameras and medical equipment said on Tuesday all board members subject to the lawsuit would quit in March or April, leaving it in the extraordinary position for now of continuing with its most senior executive, Shuichi Takayama, and five other directors it is suing for mismanagement.One analyst likened the current board to condemned men, resigned to their fate, and said they would have difficulty over the next few months making any strategic decisions, leaving Olympus more vulnerable to an eventual takeover.”Essentially, everyone feels they are on death row. It does seem extremely strange to have the death row cell inside the company,” said Nicholas Smith, head of Japanese equ …

See the full article from “Reuters UK”