Fujitsu, the Japanese tech company, has taken to the public airwaves to defend itself against charges that at forced its former president Kunaiki Nozoe to step down last September over unfounded allegations he was involved with the Japanese mafia.

In what has turned into some nasty corporate fisticuffs, Nozoe has publicly accused Fujitsu of canning him in a secret meeting with company executives instead of at an official meeting of the board. He has threatened a shareholder lawsuit accusing Fujitsu of misleading investor when it said Nozoe had resigned because of illness.

“We did not violate the law or take any improper steps with respect to Mr Nozoe’s resignation,” Fujitsu Chairman Michiyoshi Mazuka said at a news conference on Wednesday.

More from Reuters:

Fujitsu, which had originally cited illness as the reason for Nozoe’s resignation, was forced to revise its disclosure in a flip-flop that triggered a two-day slide in its share price and a verbal warning from the Tokyo Stock Exchange.

The company has been under pressure to give a more detailed account of what happened, including addressing Nozoe’s claim that he was pressured to resign in a closed-door chat with select executives, instead of in an official meeting of the board.

“Looking back, I think we should have dismissed him at a board meeting instead of using illness,” Mazuka said.


Comments (19)

  1. Posted by Anonymous | April 14, 2010 at 2:40 PM

    Shut the fuck up, Kouwe

  2. Posted by Anonymous | April 14, 2010 at 2:44 PM

    I agree with @1.

    Also, I just took my second Kouwe of the day. Am now 2 pounds lighter.

  3. Posted by Anonymous | April 14, 2010 at 2:45 PM

    I applaud your self-awareness in posting that picture. Nothing says big, nasty kouwe like a couple of cottage-cheesed sumo wrestlers

  4. Posted by Anonymous | April 14, 2010 at 2:51 PM

    an old story Mr. Kouwe

  5. Posted by Anonymous | April 14, 2010 at 2:52 PM

    Hilarious tags. Thanks for the effort.

  6. Posted by 1,000,000 kuriketto | April 14, 2010 at 2:53 PM

    *saezuru* *saezuru* *saezuru*

  7. Posted by Anonymous | April 14, 2010 at 2:54 PM

    Kouweeeeeee. Didn’t we lock you in a dumpster one time?

  8. Posted by Anonymous | April 14, 2010 at 2:59 PM

    Something stinks.

  9. Posted by Anonymous | April 14, 2010 at 2:59 PM

    coverups in tagline? seriously kouwe?

    i think this article is a coverup for your general lack-of-skill of reporting something interest and original

  10. Posted by b2b MD | April 14, 2010 at 3:15 PM

    is that Maria B in the white? She’s lost weight…

  11. Posted by Anal_yst | April 14, 2010 at 3:17 PM

    @9

    I’d say the lack of originality is a bigger issue than the fact that its horribly un-interesting. I’m starting to get the feeling that either Mr. Kouwe has yet to find an opening that suits his talents (whatever they may be), or should seriously just start looking for work in another field and call it a day…

  12. Posted by Anonymous | April 14, 2010 at 3:19 PM

    Kouwe should start a hedge fund with a min. $1,000 participation.

    O wait… I did that already

    -SB

  13. Posted by Anonymous | April 14, 2010 at 3:32 PM

    Anal_yst, how is your fiber intake?

    Zach

  14. Posted by volatilitysmile | April 14, 2010 at 4:37 PM

    I found the picture marginally amusing. Shared with Itchiko via pin message.

  15. Posted by Anal_yst | April 14, 2010 at 4:53 PM

    @13

    Perhaps I should better explain it to myself since you clearly don’t understand how this whole “blogging” thing works.

    If you have the talent or if you do it rather seldom, there isn’t really much – if anything – wrong with adding some color commentary to reporting by another person/outlet, so long as its correctly attributed, etc.

    However, you appear to have little – if any – of this talent , and worse, you seem to be completely unaware that absent it, you’re basically plagarizing, which from what I’ve read is exactly the same thing that got you in trouble at Dealbook. As I believe I mentioned when you 1st started “writing” on these here pages, your survival will be based primarily on your ability to recover from that little faux pas, and by recover I mean change your approach. Unfortunately, it doesn’t look like you’ve taken that experience to heart yet.

    On a positive note, at least you’re doing ok with the tags, which is far better than I can say for the few who preceded you.

  16. Posted by big dealbreaker fan | April 14, 2010 at 5:40 PM

    @anal_yst – well said, but Bess writes the tags and any color in Zach’s is story likely added by her so over all I give Kouwe a total fail. I think the only thing for him to do is beg Abmac (PR firm) ,that he’s written plenty of client friendly stories for, to give him a job or he’ll have to go back to FLA to live with his parents.

  17. Posted by Anal_yst | April 14, 2010 at 6:40 PM

    I coulda sworn that 1st sentence in my post @15 said “you” instead of “myself” when I wrote it, whatever.

    @16

    Depending on where in Florida and how loaded his ‘rents are, that actually sounds like a pretty sweet gig compared to getting raked over the coals for half-assed (at best) “writing,” no?

  18. Posted by Skippy | April 14, 2010 at 9:11 PM

    Oh, for the love Christ!

  19. Posted by John Gay | April 15, 2010 at 11:19 AM

    this sucks

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