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Tokyu Agency fined, executive given suspended sentence in Japan Olympic bid-rigging case

By Sachiko Sakamaki ( March 21, 2025, 07:14 GMT | Insight) -- The Tokyo District Court today delivered a guilty verdict against major Japanese advertising company Tokyu Agency and its former board director, Mitsuo Yasuda, for their role in rigging bids related to the 2021 Tokyo Olympic Games. Tokyu was fined 200 million yen ($1.3 million), while Yasuda received a one-and-a-half-year prison sentence, suspended for three years. The Tokyo District Court today delivered a guilty verdict against major Japanese advertising company Tokyu Agency and its former board director, Mitsuo Yasuda, for their role in rigging bids related to the 2021 Tokyo Olympic Games....

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