Japanese Executive Released After Myanmar Conviction for Overpricing Rice

Hiroshi Kasamatsu, a director at Aeon Orange, served a month in custody before his release following a one-year prison sentence.

Kasamatsu was detained for selling rice above official prices set by Myanmar's military government.
He was sentenced to one year in prison and fined 500,000 kyat (about $150).
The Japanese Foreign Ministry confirmed Kasamatsu's release and stated he is in good health.
The case is part of a broader crackdown involving multiple foreign executives and local businesses.
Japan maintains a unique diplomatic stance towards Myanmar, urging democracy while limiting aid to humanitarian purposes.