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Topic: Yasuo Takei


In the News (Wed 19 Nov 08)

  
  Yasuo Takei, 76; Japan's richest man - The Boston Globe
But Takei's reputation was tarnished in 2004 by his conviction on charges of ordering the wiretapping of a journalist who had written articles criticizing his company.
Takei turned to illegal snooping after the critical articles triggered a decline in his company's share price, making him suspect someone was working behind the scenes to discredit the company, the Tokyo District Court ruled.
Takei was sentenced to three years in prison, suspended for four years, and his company, one of Japan's biggest consumer loan corporations, was fined 1 million yen ($8,700).
www.boston.com /news/globe/obituaries/articles/2006/08/12/yasuo_takei_76_japans_richest_man   (296 words)

  
  Obituaries: Yasuo Takei, richest man in Japan retired in shame - Asia - Pacific - International Herald Tribune
Takei was listed as Japan's richest man, along with his family, in the 2006 Forbes magazine listing of the world's billionaires, with assets of $5.4 billion.
But Takei's reputation was tarnished in 2004 by his conviction on charges of ordering the wiretapping of a journalist who had written articles criticizing his company.
Takei was sentenced to three years in prison, suspended for four years, and his company, one of Japan's biggest consumer loan corporations, was fined one million yen, or about $8,600.
www.iht.com /articles/2006/08/11/news/obits.php   (260 words)

  
 Obits in the news: Japan's richest man, Yasuo Takei - Pittsburgh Tribune-Review
Takei was listed as Japan's richest man, along with his family, in Forbes magazine's listing this year of the world's billionaires, with assets of $5.4 billion.
Takei turned to illegal snooping after the critical articles triggered a decline in his company's share price, making him suspect someone was working behind the scenes to discredit the company, the Tokyo District Court ruled.
Takei was sentenced to three years in prison, suspended for four years, and his company, one of Japan's biggest consumer loan corporations, was fined $8,700.
www.pittsburghlive.com /x/pittsburghtrib/s_465678.html   (381 words)

  
 Yasuo Takei - Forbes.com   (Site not responding. Last check: 2007-10-22)
Yasuo Takei, the founder and former president of consumer loan company Takefuji and Japan's second richest man, has died at the age of 76.
Although Takei stepped down as head of the company, which claimed to be cleaning up its governance, reports persisted that he was still very much in control of the business, directing operations from his mansion just a 30-minute drive from headquarters.
Takei, who was noted for inspiring near-religious admiration and devotion in his employees, admitted to extensive reliance on fortune-tellers and psychics to help him avoid bad business deals.
www.forbes.com /facesinthenews/2006/08/11/takei-japan-obit-cx_cn_0811autofacescan01.html   (375 words)

  
 Japan's richest man dies: World: News: News24   (Site not responding. Last check: 2007-10-22)
Takei, 76, was listed as Japan's richest man, along with his family, in this year's Forbes magazine listing of the world's billionaires, with assets of $5.4bn.
But, Takei's reputation was tarnished in 2004 by his conviction on charges of ordering the wiretapping of a journalist who had written articles criticising his company.
Takei was sentenced to three years in prison, suspended for four years, and his company, one of Japan's biggest consumer loan corporations, was fined one million yen ($8 700).
www.news24.com /News24/World/News/0,,2-10-1462_1981202,00.html   (235 words)

  
 Japan's richest man, Yasuo Takei, dies - Breaking - Technology - smh.com.au
Japan's richest man, Yasuo Takei, who rose to fame as founder of consumer credit company Takefuji Corp. but retired in shame after a wiretapping scandal, has died, a company spokesman said Friday.
Takei was sentenced to three years in prison, suspended for four years, and his company, one of Japan's biggest consumer loan corporations, was fined 1 million yen (US$8,700; euro6,765).
Takei retired from the company's chairmanship in 2003.
www.smh.com.au /news/Technology/Japan39s-richest-man-Yasuo-Takei-dies/2006/08/11/1154803079576.html   (505 words)

  
 Takefuji chairman resigns amid scandal
Yasuo Takei's resignation following his arrest on December 2 marks a dramatic end to the career of a man who helped create the consumer lending business in Japan and is regarded as the industry's godfather.
Mr Takei's departure will stain his efforts to distance Takefuji and the consumer lending business from alleged connections with criminal behaviour, such as the use of gang members to collect overdue loans.
Mr Takei has made extraordinary efforts to bring an air of respectability to the industry, including financing the Yasuo Takei lecture hall at the Gregorian University.
www.chinadaily.com.cn /en/doc/2003-12/09/content_288575.htm   (396 words)

  
 CNN.com - Scandal-hit tycoon quits Takefuji - Dec. 8, 2003
Takei admitted he ordered the wiretapping of a journalist, according to investigative sources quoted by Kyodo news agency Monday.
Takei is one of Japan's richest men, with a fortune of around $6 billion from the family's 70 percent-plus holding in Takefuji, the company he set up in 1966.
Takei's second son Taketeru is seen as the most likely successor, after elder son Toshiki quit the business in June 2001 for health reasons.
cnn.com /2003/BUSINESS/12/08/japan.takei.biz/index.html   (643 words)

  
 Japan's richest man, Yasuo Takei, dies
TOKYO - Japan's richest man, Yasuo Takei, who rose to fame as founder of consumer credit company Takefuji Corp. but retired in shame after a wiretapping scandal, has died, company spokesman Hiroshi Kaneko said Friday.
Yasuo Takei, the founder of Japan's consumer credit company Takefuji Corp., is seen in this undated photo in Tokyo.
Takei was listed as Japan's richest man, along with his family, in this year's Forbes magazine listing of the world's billionaires, with assets of US$5.4 billion.
www.chinadaily.com.cn /world/2006-08/11/content_662835.htm   (321 words)

  
 Yasuo Takei -- tarnished billionaire
Takei, 76, was listed as Japan's richest man, along with his family, in this year's Forbes magazine listing of the world's billionaires, with assets of $5.4 billion.
But his reputation was tarnished in 2004, when he was convicted on charges of ordering the wiretapping of a reporter who had written articles criticizing his company.
Takei turned to illegal snooping after the critical articles caused a decline in his company's stock price, making him suspect someone was working behind the scenes to discredit the company, the Tokyo District Court ruled.
sfgate.com /cgi-bin/article.cgi?f=/c/a/2006/08/14/BAGBCKHS1L1.DTL&...   (239 words)

  
 CNN.com - Japanese tycoon held over wiretap - Dec. 2, 2003
Takei, whose family fortune is worth about $6 billion, started Takefuji in 1966.
Kyodo news agency reported police arrested Takei, 73, on Tuesday on suspicion of violating the Telecommunications Business Law by tapping the phone of freelance journalist Shunsuke Yamaoka, 44, between December 2000 and February 2001.
A statement issued by Takefuji on Tuesday said Takei's arrest "has come as a complete surprise to us" and the company was united in wanting to see the "full truth of this matter made clear as soon as possible."
www.cnn.com /2003/BUSINESS/12/02/japan.takei.biz/index.html   (604 words)

  
 Bloomberg.com: Japan
Takei's death, almost three years after he stepped down as chairman, prompted a rally in Takefuji shares, which gained 5.3 percent to 5,780 yen in Tokyo today.
Takei, who was born in Saitama prefecture in January 1930, founded the company in Tokyo in 1966, working out of a 13.2 square meter (142 square foot) office with four employees.
Takei and his family disposed of 49.9 million shares to overseas investors by September last year to prevent regulators from revoking Takefuji's business license after he pleaded guilty to the wiretapping charge.
www.bloomberg.com /apps/news?pid=20601101&sid=azOAwnR1gQi4&refer=japan   (670 words)

  
 AsiaMedia :: JAPAN: Takefuji chairman admits ordering phone tap, resigns
Takefuji Corp. founder Yasuo Takei, under arrest for his alleged role in a wiretapping case, resigned Monday as chairman after admitting he ordered his men to bug a journalist's phone, the major consumer loan company said.
According to Kiyokawa, Takei's lawyer delivered the message to the company in the afternoon, and the firm's board approved Takei's wish to step down as chairman and board member.
Takei was arrested Dec. 2 for alleged violation of the Telecommunications Business Law for his suspected role in the wiretapping of freelance journalist Shunsuke Yamaoka from December 2000 to February 2001.
www.asiamedia.ucla.edu /article.asp?parentid=5504   (444 words)

  
 Takei
Takei began recurring appearances as the announcer for......
Takei was born in the Boyle Heights district of Los Angeles...
Takei, 68, spoke of his sexuality in an interview with a U.S. gay and lesbian...
www.netactics.co.uk /takei.html   (459 words)

  
 Yasuo Takei -- tarnished billionaire
But his reputation was tarnished in 2004, when he was convicted on charges of ordering the wiretapping of a reporter who had written articles criticizing his company.
Takei turned to illegal snooping after the critical articles caused a decline in his company's stock price, making him suspect someone was working behind the scenes to discredit the company, the Tokyo District Court ruled.
Takei was born in Fukaya, just outside Tokyo.
www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2006/08/14/BAGBCKHS1L1.DTL&type=printable   (241 words)

  
 Yasuo Takei & family, The World's Richest People - Forbes.com   (Site not responding. Last check: 2007-10-22)
Takei was arrested in 2003 for ordering wiretaps on journalists critical of his company; he was eventually convicted but his sentence suspended.
Although Takei stepped down as head of the company, which claims to be cleaning up its governance, reports persist that Takei is still very much in control of the business, directing operations from his spacious mansion just a 30-minute drive from headquarters.
The red disc indicates Yasuo Takei & family
www.forbes.com /lists/2006/10/VA5Y.html   (163 words)

  
 ABC News: Obituaries in the News
Takei died Thursday of liver failure at his home in Tokyo, the company said in a statement.
Takei was listed as Japan's richest man, along with his family, in Forbes magazine's listing this year of the world's billionaires, with assets of $5.4 billion.
Takei was sentenced to three years in prison, suspended for four years, and his company, one of Japan's biggest consumer loan corporations, was fined $8,700.
abcnews.go.com /US/wireStory?id=2300270   (358 words)

  
 Around the Markets: Despite loss, lenders gain some friends - Marketplace by Bloomberg - International Herald Tribune
TOKYO Yasuo Takei, the founder of Takefuji, made billions lending to Japanese consumers before he died last month.
The stocks plunged in the first half of 2006 as courts pared interest rates that had been as high as 29 percent and as regulators reined in collection tactics.
Takei's death Aug. 10 at the age of 76 prompted speculation that Takefuji might be sold.
www.iht.com /articles/2006/09/07/bloomberg/bxatm.php   (682 words)

  
 Yasuo Takei - Wikipedia, the free encyclopedia
The defamation of character charge followed Takei's ordering Takefuji employees to place libelous statements about one of the journalists on its web site.
According to a Forbes survey in June 2006, Takei was the second-wealthiest person in Japan (after Masayoshi Son) - he possessed an estimated net worth of US$5.6 billion.
This page was last modified 19:45, 4 December 2006.
en.wikipedia.org /wiki/Yasuo_Takei   (151 words)

  
 BBC NEWS | Business | Scandal-hit Japanese tycoon dies
Yasuo Takei and his family had reported assets of $5.6bn (£3bn) - largely built up through consumer credit company Takefuji.
Mr Takei was given a suspended three-year jail sentence and the firm was fined, prompting an apology and a promise not to repeat his misconduct.
It was reported by the Kyodo news agency that Mr Takei died of liver failure.
news.bbc.co.uk /2/hi/business/4783281.stm   (225 words)

  
 AsiaMedia :: JAPAN: Takei issued wiretap orders, former Takefuji exec tells cops
Takei, 73, was arrested Tuesday on suspicion of violating the Telecommunications Business Law by having Takefuji employees bug the phone of a journalist who had written stories critical of the loan company.
It was also learned Wednesday that Takei instructed Kazuhiro Nakagawa, a former Takefuji employee who has also been arrested in the case, to pick up documents on a Yokohama-based private detective agency allegedly drawn up by Kotaki.
The first wiretapping target Takei assigned to Nakagawa was a managing director who was believed to be critical of the firm, and the phone line in this man's home in Suginami Ward, Tokyo, was allegedly tapped for some 20 days.
www.asiamedia.ucla.edu /article.asp?parentid=5418   (542 words)

  
 Interactive Investor - stocks, shares, news, FTSE, online trading
A number of investment firms have been jockeying to take a piece of Takefuji, Japan's third-largest consumer-finance company, since it became clear that Takei might be forced to sell the bulk of his holdings.
Takei is awaiting a Nov 17 Tokyo court decision on charges that he ordered the wiretapping of a journalist.
Citing sources close to the company, the FT said Takei held talks last weekend to discuss selling 100 bln yen worth of shares to institutional investors, having Takefuji buy back another 100 bln yen in shares from Takei, and transferring the third tranche to a blind trust.
www.snapshield.com /www_problems/Japan/interactive.htm   (591 words)

  
 Newbridge fights Goldman for Takefuji - FinanceGates.com   (Site not responding. Last check: 2007-10-22)
Takefuji founder Yasuo Takei was imprisoned last year as charged of phone tapping and now, according to the state legislation, cannot hold more than 25% of company’s shares.
Takei sentence will be announced on November 17, but the prosecutors demand a three-year jail sentence.
Takei refused to transfer his voting rights on the 24.9% of the company to retain to a blind trust within owning shares and receiving dividends but having no operational control of the company.
www.financegates.com /news/banking/2004-09-30/takefuji_30092004.html   (322 words)

  
 Bloomberg.com: Asia   (Site not responding. Last check: 2007-10-22)
Takei, 73, Japan's second-richest man, was arrested Dec. 2 on suspicion of infringing the Telecommunications Business Law by ordering employees to tap the phones of Takefuji staff and journalists.
Takei, who founded the company in 1966, has been in custody since his arrest and faces a maximum of three years in prison if found guilty.
Takei, who was also chief executive officer, told Kiyokawa he accepts ``full responsibility,'' the president said.
quote.bloomberg.com /apps/news?pid=10000080&sid=aksStNgyj2S0&refer=asia   (715 words)

  
 The Telegraph - Calcutta : Business
Tokyo, Sept. 17 (Reuters): Goldman Sachs Group Inc is in talks with the founding family, Takefuji Corp, the biggest player in Japan?s $100-billion consumer finance industry, that may result in the US firm buying about a third of the company for more than $2.7 billion, a financial source said.
The talks follow reports that family patriarch Yasuo Takei, who is facing jail on wiretapping charges, is having difficulty wrapping up a deal to sell a stake to the US private equity firm, Newbridge Capital because of a disagreement over voting rights.
The Takei family, which holds 58 per cent of Takefuji, wanted to transfer a 33 per cent stake to Newbridge.
www.telegraphindia.com /1040918/asp/business/story_3772414.asp   (144 words)

  
 Bloomberg.com: Japan
The stock fell 11 percent after the arrest yesterday of Takei, 73, chairman of Takefuji and Japan's second-richest man. Police started an investigation in June after lawyers filed a criminal complaint with the Tokyo District Prosecutors Office on behalf of a group of journalists.
Takefuji, founded by Takei in 1966, charges more than 20 percent interest for unsecured loans to individuals and was the most profitable of Japan's four main consumer lenders for the year ended March 31, with net income at 23 percent of revenue.
Takei denied the allegations, according to the Yomiuri newspaper, which cited unidentified police officials.
quote.bloomberg.com /apps/news?pid=10001063&sid=ajKlC2Jelx8w&refer=movers_by_index   (855 words)

  
 Ethics Newsline from the Institute for Global Ethics
Takefuji chairman Yasuo Takei, 73, was arrested for allegedly overseeing the illegal scheme, which police now believe included wiretaps on at least two journalists who wrote hard-hitting articles on Takefuji.
Police say they believe Takei ordered the wiretaps in 2001 after watching his firm's stock price tumble in the wake of two uncomplimentary articles, ordering secret surveillance of the journalists who wrote and researched the pieces.
Takei, who denies wrongdoing, also is accused of ordering wiretaps on at least seven senior Takefuji executives, according to the Daily Yomiuri.
www.globalethics.org /newsline/members/issue.tmpl?articleid=12080317042564   (336 words)

  
 Takefuji founder Yasuo Takei dies | Video | Reuters.com   (Site not responding. Last check: 2007-10-22)
August 14 - Seventy-six year-old Yasuo Takei, the founder of Japanese moneylender Takefuji Corporation, died of liver failure last Friday.
Takei, one of the countries richest men, launched his business 40 years ago and built Takefuji into Japan's most profitable issuer of small, high-interest loans.
Takei's last years were dogged by scandal, however.
www.reuters.com /news/video/videoStory?videoId=1835   (164 words)

  
 Yasuo Takei, 76, One of Japan’s Richest Men, Dies - New York Times
TOKYO, Aug. 13 — One of Japan’s richest men, Yasuo Takei, who retired in shame as chairman of the Takefuji Corporation, a consumer credit company, amid a wiretapping scandal, died on Thursday at his home here.
Takei Japan’s second-richest man, with $5.6 billion, after Masayoshi Son, the chief executive of Softbank, with $7 billion, in a June 2006 ranking.
Takei was convicted in Tokyo District Court of ordering the wiretapping of a journalist who had written articles criticizing his company.
www.nytimes.com /2006/08/14/business/worldbusiness/14takei.html?ex=1313208000&en=ecf93ff3d4897e4d&ei=5088&partner=rssnyt&emc=rss   (265 words)

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