After his arrest, Nissan removed Carlos Ghosn as chairman due to his suspected acts of financial misconduct: understating his income and misusing the company's assets. But the Nissan scandal is just the latest in a long line of mishaps to rock the Japanese corporate world. Other manufacturers, such as Kobe Steel, Takeda and Toray Industries, have shocked the public in recent years, admitting to violating safety rules or falsifying data.
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