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Business suit retailer Aoki Holdings Inc. paid 500 million yen ($3.7 million) for its sponsorship deal with the Tokyo Olympic and Paralympic organizing committee, less than half of what it cost other companies for similar arrangements, according to sources familiar with the matter ....
An executive of the now-defunct Tokyo Olympic organizing committee was arrested by prosecutors Wednesday on suspicion of receiving bribes from major business suit retailer Aoki Holdings Inc. ....
Dentsu mulls selling headquarters building for 300 bil. yen Japanese advertising giant Dentsu Group Inc. is considering selling its 48-story headquarters building in Tokyo for some 300 billion yen ($2.9 billion), which would make it the highest-priced building to be sold in Japan, sources close to the matter said Wednesday. Photo taken Jan. 20, 2021 shows the Tokyo headquarters of Dentsu Group Inc. (Kyodo) The possible sale would come as many of 9,000 Dentsu employees at the headquarters are working from home due to the novel coronavirus pandemic as part of efforts to curb virus infections, and only about 20 percent of them currently commute to the office, the sources said. ....