You are here

nova

Sahashi on Trial: Days 2 & 3

Sparse reporting on the trial, but this is what happened in the last two court sessions.

G.communication in the Black

As a postscript to Sahashi's trial, I noticed this short blurb in the news:

「うさぎ」CMも再開 「NOVA」再拡大目指す

ワンマン社長と呼ばれた猿橋望被告(57)の手で国内最大手に成長したNOVAの経営破綻(はたん)から1年半。行き場を失った受講生の救済や外国人講師の雇用など、課題山積の事業を引き継いだジー・コミュニケーション(名古屋市)は、約半年で黒字化を達成。今年3月には、かつて人気を集めたマスコット「NOVAうさぎ」のテレビCMも再開した。

経営破綻後には、サウナや茶室付きの「豪華すぎる」社長室が公開され、企業のイメージは大きく傷ついた。社長室の机に飾られていた「NOVAうさぎ」のぬいぐるみが繰り返し報じられたこともあり、CMは長く封印された。

Sahashi on Trial

Sahashi's trial began today, and as expected, he admitted to taking 320 million yen from the NOVA employee's shayukai fund and apologized for the trouble he caused. His lawyers, however, claim that Sahashi's actions do not amount to a crime since as he was acting in the interests of the company.

Eikaiwa: 

Sahashi's Trial to Start June 1

The trial of former NOVA president Nozomu Sahashi is slated to start tomorrow, June 1, in the Osaka District Court. You'll recall that he was indicted last July on charges of embezzling ¥320 million from an employment benefit fund.

Eikaiwa: 

The Blame Game

G.communication has limped along since it scraped up the remains of NOVA in 2007 and tried to put it back together. Sales have not been good and complaints have been piling up, so management apparently decided to write a memo about it. Mr. X in the forums provides a copy of the memo making the rounds.

Japan: 

New System to Help Protect Consumers

The Sankei shimbun has a story describing a new insurance scheme for consumers that partially insures should the language school or beauty salons they are using goes bankrupt. The system started this month and is expected to see a growing number of participants.

Decision on Unpaid Wages Reviewed and Overturned

At the beginning of July in 2008, after former NOVA president Nozomu Sahashi was charged with embezzlement, he was also hit with a charge of failing to pay ¥105 million in salary to 400 workers:

The Osaka Labor Bureau sent papers to prosecutors Monday on failed English language school operator Nova Corp. and its former president, Nozomu Sahashi, on suspicion of violating the Labor Standards Law for failing to pay wages to Nova workers.

Eikaiwa: 

Sahashi: Please Make it Stop

Sahashi's legal woes are just beginning.

I appears that Sahashi's trail for embezzlement has yet to begin, but arguments in the ¥16 million class action lawsuit were heard in Osaka District Court on Thursday.

Eikaiwa: 
Japan: 

The Nova Bankruptcy Revisited

Not that you need more reminders about the fall of Nova and the chaos over the past year, but Jordan Pearson offers an excellent account of the collapse.

It would have sucked to be Jason Cornish:

The Return of the Bunny

Things are apparently looking good at G.communication. Its president, Masaki Inayoshi, sat down with the Chunichi Shimbun to talk about the past year.

Pages

Subscribe to RSS - nova