Tamron CEO Resigns Amid Investigation into His Use of Company Funds for Personal Gain

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Tamron has announced the immediate resignation of its CEO due to the misappropriation of funds dating back at least five years.

, Tamron explains that on July 9, 2023, Mr. Ajisaka took a third-party woman on a business trip and claimed personal expenses as company expenses.During an audit of the allegations performed by directors and investigators, both internal and external to Tamron, it was discovered that Mr. Ajisaka had been eating and drinking with this third-party woman several times per month for at least the past five years at Tamron’s expense.

Tamron says that it will fully cooperate with the investigation and assures that if any matters of relevance are uncovered during the investigation, they will be disclosed to the public. It is unclear if there will be additional fallout and corporate shakeup at Tamron due to Mr. Ajisaka’s actions. The investigation may uncover further misconduct on the part of whoever was responsible for handling reported expenses.

 

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