Seventy-three-year-old Yutaka Oike, chairman of the National Federation of Agricultural Cooperative Associations (Zen-Noh Chicken Foods Co), is to resign in response to the scandal surrounding the recent revelation of the firm's labelling scam. "I profoundly apologize for betraying the trust of consumers and producers. I will resign before my term expires," Oike told reporters at a news conference late last night [Wednesday].