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Politics

Japan investment rules weren't abused in Toshiba affair, minister says

Natural to 'take interest in technologies and industries' important to nation, Kajiyama says

Toshiba has been accused of colluding with Japan's industry ministry to put pressure on activist shareholders.   © Reuters

TOKYO -- Japan's industry minister on Friday again dismissed a recent report's finding that the government went beyond its authority to interfere in a Toshiba shareholders meeting, asserting that there were "no problems" with how the foreign investment law was applied.

Speaking to reporters, Hiroshi Kajiyama also denied that the Ministry of Economy, Trade and Industry had asked a former adviser to influence foreign investors or that confidential information was shared illegally with Toshiba.

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