Horie reaped 4 bil. yen from alleged insider trading: report
February 6, 2006Former Livedoor Co. President Takafumi Horie sold 6 million shares that he owned in his Internet firm for 4 billion yen in December in an alleged insider trading deal, the Mainichi Shimbun reported Tuesday. He made the transactions shortly after being informed that Tokyo prosecutors had questioned a former Livedoor executive over alleged securities law violations and sensing the prosecutors' raid would be imminent, the daily said in a front-page story, quoting unnamed sources close to the matter.
Increasing teenage girls experience dating violence
February 6, 2006An increasing number of teenage girls are experiencing physical violence in dating relationships, prompting some of the experts to hold seminars to prevent the problem, according to civic group officials. In a 2004 survey by a Nagasaki-based nonprofit organization, ''DV Boshi Nagasaki,'' that polled 1,332 female high school students in Nagasaki Prefecture, about 10 percent or 139 of the respondents said they experienced abusive relationships in the past.
Livedoor got 4.6 billion yen selling shares in subsidiary: sources
February 6, 2006Livedoor Co. received 4.68 billion yen via two rounds of share sales in subsidiary ValueClick Japan Inc. in 2005, investigative sources said Monday. A special investigative squad of the Tokyo District Public Prosecutors Office is pressing former Livedoor President Takafumi Horie and other former Livedoor group executives to explain the transactions, the sources said.
Livedoor Auto mulls reviewing partnership with Livedoor
February 6, 2006Livedoor Auto Co. may change its name and review its capital tie-up with Livedoor Co. to prevent association with its parent company, suspected of securities law violations, from harming its business, the subsidiary's president was quoted as saying Monday. Livedoor Auto President Hiroshi Haneda, who doubles as a director of the parent company, said at a meeting with investors in Tokyo the used car dealer is considering changing its current form of partnership with the parent company by around this spring, according to an investor who took part in the meeting.
Male-to-female transexual can't register new gender in Gifu
February 6, 2006A family court in Gifu Prefecture has rejected a request filed by a male-to-female transexual to officially register as a woman because she has two sons who were born before the sex change. Atsuko Mizuno, 44, said Monday the Gifu Family Court rejected in a Jan. 16 decision her request on the grounds that the law only allows people diagnosed with gender identity disorder to register their sex change if they do not have children.