I just don't think Japanese companies have a process on dealing with foreign M&As and fraud mitigation. When Hitachi acquired the spanish manufacturing company AnsaldoBreda, there were similar fraud accusations.
Sony's acquisition of Columbia/TriStar hasn't gone particularly well either...
I don't know if that's fraud as much as they just aren't using that business right. Sony is weird, having an entertainment division they keep writing off when their only profitable consumer products division is PlayStation.
It may not have been fraud fraud, but they paid $4.8B and wrote off $2.7B of that within five years. Somebody didn't know exactly what he was buying...
"...When Hitachi acquired the italian manufacturing company AnsaldoBreda..."