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Prudential Life Insurance's CEO, Hiromitsu Tokumaru (second from left), bows at a news conference in Tokyo on Tuesday.
BUSINESS / Companies
Feb 12, 2026
Prudential¡¯s fraud scandal casts spotlight on fully commission-based remuneration
The model, which appears to be unique to Prudential in Japan, is thought to have been a factor that led some of the insurer¡¯s employees to commit fraud.
Toyota Motor Chairman Akio Toyoda speaks during a news conference in the city of Chiba in January.
BUSINESS / Companies
Feb 12, 2026
Toyota delays deadline for $35 billion deal opposed by Elliott
The extension prolongs Toyota¡¯s high-profile standoff with Elliott, and means the activist fund still has a chance at derailing what it argues is an undervalued offer.
PayPay CEO Ichiro Nakayama (left) and Jack Forestell, Visa¡¯s chief product and strategy officer, attend a news conference in Tokyo on Thursday.
BUSINESS / Companies
Feb 12, 2026
PayPay might form company with Visa for U.S. expansion
91²Ö¿â largest QR code payment service is looking to make its first move abroad.
Toyota's new EV model of the Highlander, a large SUV, is scheduled for release in the North American market in late 2026.
BUSINESS / Companies
Feb 12, 2026
Toyota to begin sales of first U.S.-made EV
A new EV model of the Highlander, a large SUV, is scheduled for release in the North American market in late 2026.
Shiseido's stock surged as much as 15% in Tokyo trading on Thursday, the biggest intraday gain since May 2018.
BUSINESS / Companies
Feb 12, 2026
Robust earnings set off Shiseido's biggest stock rally in almost eight years
Once a formidable global challenger, Shiseido is cutting costs, prioritizing core brands and adjusting its lineup amid its toughest business conditions in decades.
Toyota Chairman Akio Toyoda speaks during a news conference at the Tokyo Auto Salon in Chiba in January.
BUSINESS / Companies
Feb 11, 2026
Toyota Chairman Akio Toyoda to be inducted into U.S. Auto Hall of Fame
Toyoda will be the fourth member of the company's founding Toyoda family to receive the honor. Other Japanese inductees include Soichiro Honda, the founder of Honda.
Prudential Life Insurance's new CEO, Hiromitsu Tokumaru (second from left), speaks at a news conference in Tokyo on Tuesday.
BUSINESS / Companies
Feb 10, 2026
Prudential Life¡¯s new CEO seeks to overhaul work culture in wake of fraud
The firm's compensation system, which is heavily weighted on performance, left employees on edge and played a major role in fueling the misconduct, the new CEO said.

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