Sahashi is gone. According to the Yomiuri Shimbun, at an emergency board meeting held by Mr. Watanabe, Ms. Yoshisado, and Anders Lundqvist last night in Tokyo, the board of directors staged a coup d'etat and fired Sahashi citing non-confidence in his ability to lead the company.
More from the article: Sahashi was not at the meeting (he's still hiding). Nova has debts in excess of 50 billion yen. The board of directors will try to reorganize Nova under the Corporate Rehabilitation Law.
Trying to rebuild under the Corporate Rehabilitation Law means that Nova is essentially bankrupt. The fat lady has sung.