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Veteran lawmaker Ichiro Ozawa of the main opposition Constitutional Democratic Party of Japan on Tuesday criticized some CDP executives for planning to hold fundraising events even after the party submitted a bill banning such events.

Japanese chemical company Asahi Kasei Corp. said Tuesday that it will acquire Swedish pharmaceutical firm Calliditas Therapeutics for about 11.8 billion Swedish kronor, or some 173.9 billion yen.

Toyota Motor Corp., Mazda Motor Corp. and Subaru Corp. will collaborate to develop new engines for the age of electric vehicles, the presidents of the three companies revealed at a press conference on Tuesday.

Two more unexpected compounds have been detected from Kobayashi Pharmaceutical Co.'s supplements containing "beni koji" red fermented rice, Japanese health ministry officials said Tuesday.

Japanese Emperor Emeritus Akihito and Empress Emerita Michiko on Tuesday began their first visit in 23 years to the city of Nikko, Tochigi Prefecture, north of Tokyo, where the Emperor Emeritus was evacuated during World War II.

Komeito, the coalition partner of Japan's ruling Liberal Democratic Party, is now considering backing a bill submitted by the LDP to amend the political funds control law, it has been learned.