Overview
- TBS Holdings said executive Shigetoshi Ida resigned effective Dec. 25 after improper entertainment expenses were verified.
- The internal review found 180 claims submitted from August 2022 through December 2025 totaling about ¥6.6 million.
- The expenses were for meals within TBS group companies that were filed as meetings with external parties, according to the company.
- Ida indicated he will repay the funds, and TBS issued an apology while pledging measures to prevent a recurrence.
- The company has not named a successor, and no criminal charges or regulatory actions were reported in the coverage.