FTC Shows Concerns over Yoshimoto's Lack of Written Contracts


Tokyo, July 24 (Jiji Press)--A senior official of Japan's Fair Trade Commission voiced concerns Wednesday over show business giant Yoshimoto Kogyo Co.'s failure to have written contracts with its entertainers.

"In light of competition policy, it is problematic that written contracts do not exist," FTC Secretary-General Akinori Yamada told a scheduled press conference.

He pointed out that unless contract terms are stated in written form, employers could abuse their superior bargaining positions, a practice prohibited under the antimonopoly law.

Although the lack of written contracts itself does not amount to a law violation, it may result in illegal acts such as "delays and cuts in payments," he added.

Yamada's comment came after two Yoshimoto Kogyo comedians met the press on Saturday to apologize for having been paid without the talent agency's consent for joining a party hosted by a group of telephone scammers.

[Copyright The Jiji Press, Ltd.]

Jiji Press