Former Don Quijote CEO Arrested on Insider Trading Charges
A Don Quijote Co. store in the Shinjuku district of Tokyo.
Photographer: Soichiro Koriyama/BloombergThis article is for subscribers only.
The former chief executive officer of Pan Pacific International Holdings Corp., the operator of popular discount chain store Don Quijote, has been arrested on charges of insider trading in 2018, according to an announcement from the Tokyo District Court.
Koji Ohara, who left his post as CEO of the company in September 2019, was arrested by prosecutors Thursday on charges of violating the Financial Instruments and Exchange Act in Japan. Don Quijote Holdings Co. formally changed its name to Pan Pacific International in early 2019.