Tobashi scheme

Tobashi is Japanese for “fly away”. It describes the practice where external investment firms typically sell or otherwise take loss-bearing investments off the books of one Client Company at their near-cost valuation to conceal investment losses from the clients’ financial statements. In that sense, the losses are made to disappear, or ‘fly away’. (Wikipedia). This was used in Japan’s Olympus Corp. and led to a scandal which is called Olympus Scandal.