Mark Schilling Japan Correspondent Kadokawa Tsuguhiko, the chair of media conglomerate Kadokawa, has been arrested on bribery charges.
Taken into custody on Wednesday, the veteran executive is suspected of bribing Takahashi Haruyuki, a former director of the Tokyo Olympics organizing committee and former top executive of the giant Dentsu ad agency, to the amount of JPY69 million ($483,000).
Kadokawa, a member of the company’s founding family, is accused of funneling payments to a consulting firm led by Fukami Kazumasa, another former Dentsu executive with connections to Takahashi.
The objective, to secure an Olympics sponsorship deal for Kadokawa, was achieved in April of 2019, with Kadokawa publishing the official guidebooks and records for the Games.
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