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Business trends

Japan Inc. reports record cases of faulty bookkeeping

Several occurred in China and other offshore locations

Daiwa House Industry President Keiichi Yoshii apologizes with another executive in March over an accounting scandal at a Chinese subsidiary.   © Kyodo

TOKYO -- An all-time high of 64 listed Japanese corporations have reported cases of accounting irregularities so far this year -- a trend pointing to the need for tougher oversight at rapidly expanding multinationals.

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