The president of Kappa Create Co., Koki Tanabe, is under investigation for allegations of unlawfully obtaining trade secrets from rival Hama-sushi Co.
The Metropolitan Police Department searched the head office of Kappa Create Co., which operates the Kappa Sushi restaurant chain, on suspicion of violating the Unfair Competition Prevention Law.
Tanabe is suspected of receiving emails about Hama-sushi’s daily sales data and other corporate information between November and mid-December.
Tanabe previously worked at the parent company of Hama-sushi, Zensho Holdings Co.
A former Zensho Holdings colleague reportedly sent him the emails in question.
Kappa Create, which had asked Tanabe about his involvement in the incident, said it deeply apologizes for causing great trouble to Hama-sushi.


Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 



