The president and other major figures involved with Japan's retirement agency, "Momuri," have been arrested. The company is known for providing "retirement services," essentially helping employees give notice and resign from their jobs. The reasons for the arrest are currently unclear, but announcements are expected to follow soon. This arrest comes as a blow to the Japanese business community, where Momuri was seen as a unique solution to a pervasive societal issue.

In Japan, resigning from a job tends to be traditionally formal and can be difficult for some employees. Companies like Momuri facilitate this process, making such an experience smoother and more manageable. The arrest of Momuri's president is considered significant as it shakes the trust in such services and highlights potential regulatory issues within Japan's business sector.

While retirement services are not prevalent in the US or EU, such news would typically denote concerns over business ethics and legal compliance in these regions as well. Just like with any major corporate scandal, it would inevitably lead to discussions around governance, business practices, and consumer protection.