Tokyo Stock Exchange Employee Under Investigation for Insider Trading

TOKYO, Oct 23 (News On Japan) - An employee of the Tokyo Stock Exchange is under investigation for allegedly sharing non-public company information with family members, raising suspicions of insider trading. The Securities and Exchange Surveillance Commission has initiated a compulsory investigation into this matter.

According to sources, the employee is suspected of having communicated information regarding a tender offer (TOB) that was obtained through work to a relative multiple times in 2024. In September, a compulsory investigation was conducted at relevant locations.

It is believed that the employee's relative traded the company's stocks several times based on this information, making at least 1 million yen in profit.

Following the revelation of this incident, the employee has already been removed from the department handling pre-disclosed corporate information.

The Japan Exchange Group, which oversees the Tokyo Stock Exchange, stated, "It is true that the employee is under investigation, and we will fully cooperate."

Source: FNN

Four Young Mechanics Die After Car Crashes at High Speed

A passenger car was captured speeding across the frame from left to right by a security camera just moments before a fatal crash in Iida City, Nagano Prefecture, that claimed the lives of four vocational school students.

Fire Breaks Out on Yodobashi Camera Billboard in Front of JR Osaka Station

A fire broke out on the evening of April 25th on an electronic billboard attached to the Yodobashi Camera commercial complex in front of JR Osaka Station, prompting a large emergency response. No injuries were reported.

Toxic Chemicals Detected in Rivers and Groundwater Across Japan

Organic fluorine compounds known as PFAS—suspected to be harmful to human health—have been detected at concentrations exceeding the national provisional target in rivers and groundwater at 242 sites across 22 prefectures, according to a government survey.

Japan to Issue Bicycle Blue Tickets from April 2026

The Japanese government will begin issuing blue tickets for bicycle traffic violations in April 2026, with fines including 5,000 yen for ignoring stop signs and up to 12,000 yen for riding while using a smartphone.

Woman Arrested for Drunk Driving After Eating Alcohol-Filled Chocolate

A 26-year-old woman was arrested in the early hours of April 24th in Kasuya Town, Fukuoka Prefecture, on suspicion of driving under the influence of alcohol. While admitting to the offense, she claimed, "I ate chocolate that contained alcohol."

MEDIA CHANNELS

MORE Business NEWS

Osaka Begins Building Casino Resort Near Expo Site

Construction of the Integrated Resort (IR) complex in Yumeshima, Osaka—adjacent to the site of the 2025 World Expo—began on April 24th, with plans to open the facility in five years.

Toyota’s Global Sales Fall for First Time in Four Years

Toyota Motor Corporation announced on April 24th that its global sales for fiscal 2024 totaled 10,273,719 vehicles, a 0.3% decrease from the previous year, marking the first year-on-year decline in four years.

Why Rice Prices Keep Rising

Rice prices in Japan continue to soar, more than doubling from the same period last year, with no clear signs of easing despite the government’s decision to release stockpiled rice. The current situation—dubbed the “Reiwa Rice Crisis”—has drawn comparisons to past supply shocks, prompting public concern and debate over whether government intervention has come too late.

Toyota Unveils Lexus ES and New EV at Shanghai Motor Show

At the Shanghai Motor Show, which opened to the press on April 23rd ahead of its public run from April 27th to May 2nd, Toyota Motor Corporation revealed a series of new models, including a new electric vehicle, as it works to regain ground in the increasingly competitive Chinese market.

Lunch Costs Up for Third Straight Year

The average weekday lunch spending in Japan rose for the third straight year to a record 485 yen in 2024 -- a 7.3% increase from the previous year -- highlighting how inflation is reshaping workers' midday habits.

Coca-Cola to Raise Prices by 20 Yen to 200 Yen from October

Coca-Cola Bottlers Japan has announced it will raise prices on 217 beverage products starting with shipments on October 1st.

Can Japanese EVs Compete with Tesla and BYD?

The emergence of Taiwanese electronics giant Foxconn has become a key catalyst in the discussion of a potential Nissan-Honda merger. Having grown through iPhone production, the company is now pushing into the electric vehicle (EV) sector, led by a Japanese executive who once held top roles at major Japanese firms.

Tokyo average condo price hits record high in fiscal 2024

The average price of new condominiums in Greater Tokyo has marked a record high for a fourth straight year amid rising costs. (NHK)

< 2 3 4 5 >