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The Mizuho Financial Group Inc. and Mizuho Bank Ltd. announced Nov. 26 that their three top executives would resign following a devastating Financial Services Agency investigation that faulted management for eight computer glitches at the megabank this year.
Equipment to produce a vaccine is installed at Unigen’s factory in Ikeda, Gifu Prefecture, in December. (Sho Ito) Japanese drug companies are moving at an “unprecedented” pace to develop COVID-19 vaccines, but their foreign rivals have already won the race. Although the government has committed hundreds of billions of yen for a game-changing medicine in the novel coronavirus pandemic, the domestic industry is just not set up for speedy vaccine development, and such projects have long been a low priority for Japanese pharmaceutical businesses. Japan plans to begin inoculating the populat...