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.
Japan's 140-member supergroup AKB48 is holding its second annual draft next month, in which sub-teams will choose new members from a draft of 48 young hopefuls. And among the finalists is one of the youngest potential members the group has ever seen. (Japan Today)
If you're tired of receiving vacant smiles and flippant customer service at your local grocery store, you may want to make a trip to Japan, where the customer always comes first and every transaction is concluded with a graceful bow. (rocketnews24.com)
Robots and dinosaurs mingled with cosplayers as Japan's largest video-sharing website Niconico on Saturday opened its two-day meet-up gala which is expected to attract more than 100,000 fans for the offline get together. (Japan Today)
Survivors and bereaved families of victims on Saturday marked the 10th anniversary of a fatal train derailment in western Japan that took the lives of 107 people, hoping such an accident never happens again. (Kyodo)
Fukuoka Prefectural Police on Friday took the acting chairman of the Kudo-kai organized crime group into custody for a shooting death that took place seven years ago, reports the Sankei Shimbun (April 24). (Tokyo Reporter)
Two men, a male teenager and a female teenager are under arrest on suspicion of abducting an 18-year-old teen from Funabashi, Chiba Prefecture, and holding her captive, police said Friday. (Japan Times)