Close Menu
    Trending
    • Big Tech influence: Let’s do our jobs, voters
    • Crypto is in its “cloned cell phone” era
    • Market Talk – March 9, 2026
    • Ex-Playboy Model Kendra Wilkinson Embraces ‘Aging Poorly’
    • Trump hints end of Iran war in sight, saying operations ‘very complete’
    • US blacklists Sudanese Muslim Brotherhood as ‘terrorist’ group | Muslim Brotherhood News
    • The ‘Most TD-catches in NFL history’ quiz
    • From medals to the Capitol: When women are elected, everyone wins
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Latest News»Suntory CEO resigns after purchase of potentially illegal supplements | Business and Economy News
    Latest News

    Suntory CEO resigns after purchase of potentially illegal supplements | Business and Economy News

    The Daily FuseBy The Daily FuseSeptember 2, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Suntory CEO resigns after purchase of potentially illegal supplements | Business and Economy News
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The dietary supplements allegedly contained THC, the psychoactive element of hashish, which is unlawful in Japan.

    Printed On 2 Sep 20252 Sep 2025

    Suntory Holdings CEO Takeshi Niinami, certainly one of Japan’s best-known enterprise leaders, has resigned from the beverage group following a police investigation into his buy of a complement that will have breached the nation’s strict drug legal guidelines.

    Niinami, who has served as an adviser to a number of Japanese prime ministers and was typically the face of company Japan at Davos and different worldwide occasions, instructed Suntory he bought the complement believing it was authorized, the corporate stated on Tuesday.

    “I used to be not conscious that it was an unlawful complement. I’m harmless,” he instructed the Asahi newspaper in a report revealed Tuesday night. He added that he felt the corporate can be unable to unite if he didn’t resign. Reuters was not in a position to instantly attain Niinami for remark.

    Suntory’s president, Nobuhiro Torii, a great-grandson of the corporate’s founder Shinjiro Torii, instructed a press briefing that he would now be absolutely helming the corporate.

    “He was a daring, decisive chief who obtained issues completed, and I really revered him,” Torii stated of Niinami. “In that respect – and I instructed this to him yesterday as nicely – it’s an actual disgrace that we couldn’t proceed as a staff.”

    Niinami, a fluent English speaker, is chairman of the influential Keizai Doyukai enterprise foyer. He stated he had no intention of resigning from that function, in line with the Asahi report. Keizai Doyukai officers weren’t instantly obtainable for remark.

    He’s scheduled to carry his common press convention for the enterprise foyer on Wednesday afternoon, the place he’s anticipated to clarify the main points behind his resignation.

    Recognized for being outspoken, Niinami incessantly voiced opinions on how Japan’s economic system must be managed and the way the central financial institution ought to act.

    Investigation continues

    The Tokyo Shimbun day by day reported that police in Fukuoka prefecture have been investigating whether or not dietary supplements containing hashish parts had been despatched to Niinami’s dwelling – a probe that’s related to a person who was arrested in July.

    Different Japanese media stated the dietary supplements allegedly contained THC, the psychoactive element of hashish, which is unlawful in Japan. CBD, a separate chemical compound from the hashish plant, nonetheless, is authorized, and merchandise containing it can be found in Japan.

    Suntory, which makes whisky, beer and delicate drinks akin to Orangina-branded soda, stated Niinami instructed the corporate on August 22 that he was the topic of a police investigation. He resigned on September 1.

    Niinami, 66, considerably expanded Suntory’s income and income, becoming a member of the drinks maker as president in 2014 shortly after it bought US spirits firm Beam for $16bn, together with debt.

    In keeping with Tokyo Shimbun, police questioned Niinami and searched his Tokyo dwelling, however no unlawful drug possession or use has been confirmed. A Fukuoka Police official was not instantly obtainable to touch upon the studies.

    A graduate of Harvard Enterprise Faculty, Niinami was beforehand chief govt of comfort retailer operator Lawson earlier than turning into Suntory’s boss, the primary head of the agency from outdoors its founding household.

    Japan has strict drug legal guidelines. Late final 12 months, Japanese endoscope producer Olympus Corp sacked then-CEO Stefan Kaufmann, a German nationwide, after an allegation that he had bought unlawful medication.

    In 2015, police arrested Toyota Motor govt Julie Hamp, a United States citizen, on suspicion of illegally importing the painkiller oxycodone into the nation. She was later launched.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    US blacklists Sudanese Muslim Brotherhood as ‘terrorist’ group | Muslim Brotherhood News

    March 9, 2026

    Anthropic sues Trump administration to undo US ‘supply chain risk’ tag | Business and Economy News

    March 9, 2026

    Turkiye says Iranian ballistic missile intercepted by NATO air defences | US-Israel war on Iran News

    March 9, 2026

    As Khamenei son takes over, Nigerian Shias mourn Iran’s old supreme leader | US-Israel war on Iran News

    March 9, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The Baltic Defense Line | Armstrong Economics

    September 17, 2025

    Manning hype grows with No. 1 pick odds for 2026 NFL Draft

    April 28, 2025

    Azerbaijan and Armenia to sign peace agreement: White House

    August 8, 2025

    Millionaires are sounding the alarm about democracy — and blaming people like themselves

    January 21, 2026

    Is European lobbying of Trump a sign of strength – or weakness? | Russia-Ukraine war

    August 20, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.