Japan Law Express

Japanese Law Blog

Sunday, May 23, 2010

Fujitsu auditors refused to sue their directors

Fujitsu, one of the major computer manufacturer in Japan, is in internal conflict now.

Fujitsu director  Nozoe, former CEO, said some directors forced him to resign CEO.

But,directors  mentioned by Nozoe denied his claim and insisted that  Nozoe had a relationship to anti-socials.

On the other hand, Nozoe demanded of their auditors that they sue  directors for damages because Nozoe’s dismissal caused damages to Fujitsu.

Of course, Fujitsu auditors refused to sue their directors.

Fujitsu’s internal conflict is entirely dragged into the mud.

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