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Opinion

New Nissan pay scandal highlights need for Japan Inc reforms

Shinzo Abe trusted companies would voluntarily improve standards

| Japan

Carlos Ghosn could be excused for indulging in a little malicious glee as Nissan Motor CEO Hiroto Saikawa stumbles through his own compensation woes.

Since Ghosn's dramatic downfall last November, arrested for allegedly underreporting his income, the former chief of the Nissan-Renault-Mitsubishi alliance has been kept largely out of view with long spells in police detention.

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