The Tokyo Regional Taxation Bureau has found that Hitachi Ltd. <6501> failed to declare some 10.1 billion yen in taxable income on a consolidated basis for the three years to March 2012, it was learned Thursday.
The major electronics company and the tax authorities had differences of opinion about materials bought for the restoration of plants damaged by the March 2011 earthquake and tsunami in northeastern Japan, sources said.
A Hitachi official said the company has received a notice of correction from the taxation bureau and understood what was pointed out. Since the company, which incurred a group net loss of 787.3 billion yen in the year to March 2009, has cumulative losses, it was not ordered to pay neither back taxes or penalties, the official said.
In an effort to expand upon the "Cool Japan" initiative, a program intended to broaden foreign tourists' knowledge and understanding of Japanese culture and industries, a committee of specialists has submitted a proposal that includes establishing "special English zones" in large cities where English would be one of the officially spoken languages. (Japan Today)
The National Police Agency and Ministry of Internal Affairs and Communications plan to assign an extra 3,000 officers over the next three years to deal with stalking and bank transfer fraud cases which are increasing. (Japan Today)
The death toll from landslides in Hiroshima increased to 70 on Wednesday, while 18 people remained missing after the first of the rain-induced landslides hit the northern part of the western Japan city on Aug. 20. (Jiji Press)
A Japanese district court ordered Tokyo Electric Power Co. on Tuesday to pay some 49 million yen in compensation over the suicide of an evacuee from the March 2011 nuclear accident at the company's Fukushima No. 1 power plant. (Jiji Press)
Thai police said Monday (Aug 25) they have questioned five women who were paid up to US$12,500 each by a Japanese man known to them as "Jack" to act as surrogate mothers. The case emerged after nine babies were found with nannies in a Bangkok apartment. (channelnewsasia.com)