”A corporate whistleblower’s eight-year courtroom battle against Japanese medical device maker Olympus Corp ended Thursday with a financial settlement and a promise from the company to stop harassing him.
Under the deal, Masaharu Hamada will be paid 11 million yen by Olympus. Legal settlements for individuals in Japan are typically small.
The case, which reached Japan’s highest court in 2012, has highlighted weak protection for whistleblowers in Japan. The Supreme Court said Olympus unlawfully punished Hamada for relaying a supplier’s complaint that its best employees were being lured away by Olympus. It ordered Hamada reinstated to his original position…….”.
The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.