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.
On Sunday, July 5 2015, the United States and Japan will battle for the championship in the World Cup Final soccer match. Contest time: 6 p.m. central/7 p.m. eastern. Read any preview for the Women's World Cup final between the United States and Japan, and you will see words like revenge, retribution, or payback. (sounderatheart.com)
Japan on Saturday pledged $6.1 billion in financial aid to the "Mekong Five" countries as it pushes infrastructure exports and courts influence in a region where rival China has an increasing presence. (arabnews.com)
rown Prince Naruhito and Crown Princess Masako, who are visiting Tonga, attended the coronation of King Tupou VI of Tonga held at a church in its capital, Nukualofa, on Saturday. This is the first time in two years that Crown Princess Masako has engaged in official duties overseas. (The Japan News)
The UNESCO World Heritage Committee is expected to put off to Sunday its decision on whether to add sites related to Japan's Meiji era industrial revolution to the World Heritage list, government sources said Saturday. (The Japan News)
A drug control division of the health ministry on Saturday announced the arrest of a former executive of public broadcaster NHK for the importation of so-called "dangerous drugs," reports the Sankei Shimbun (July 4). (Tokyo Reporter)
The 71-year-old man who set himself on fire on a Tokaido Shinkansen train on Tuesday told his sister he might kill himself during a phone conversation about 10 days before the incident, The Yomiuri Shimbun was told by the sister. (The Japan News)
Police in Kanagawa Prefecture have arrested a 23-year-old man on suspicion of stealing a bag belonging to the director-general of the Civil Aviation Bureau, while he was on a train last month. The bag contained a tablet computer which contained confidential information as well as a contact list for emergencies. (Japan Today)
A 71-year-old man who set himself on fire on a shinkansen bullet train Tuesday had repeatedly complained that the pension he received was not enough to live on, one of his neighbors said Wednesday. (Kyodo)