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Honda’s No. 2 executive Shinji Aoyama resigns following allegation of inappropriate conduct

  • Honda's No. 2 executive Shinji Aoyama has resigned following an allegation of inappropriate conduct.
  • Aoyama's resignation came after the company conducted an investigation into the accusation and prepared a disciplinary action plan.
  • Honda CEO Toshihiro Mibe will voluntarily return 20% of his monthly compensation for two months in response to the seriousness of the matter.
  • A new management structure will be announced by Honda in the near future.

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