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Former Suntory CEO Resigns Amid Cannabis Investigation

9/30/2025

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Story summary
  • Takeshi Niinami resigned as chair of Keizai Doyukai after a police investigation into suspected cannabis products.
  • Niinami, former CEO of Suntory Holdings, denied possessing illegal drugs and asserted innocence.
  • Mutsuo Iwai, Japan Tobacco Inc. chairman, will serve as acting chair until a new leader is appointed. Niinami's resignation was accepted during a Keizai Doyukai board meeting on September 30, 2025.