Japan Fair Trade Commission Recommendation Regarding Subcontracting Act Violations
First written in FY2025. 2 of 3 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「On 17 April 2025, the Company received a recommendation from the Japan Fair Trade Commission under the Act on Prevention of Delay in Payment of Subcontracting Charges, etc. (currently the Act on the Properization of Subcontracted Transactions for Small and Medium-sized Enterprises).」
The Company continued to disclose the Subcontract Act recommendation dated 17 April 2025 and stated that the Audit and Supervisory Committee had confirmed its corrective and recurrence-prevention initiatives. - 2026-05-29RestatedGeneral Meetings of Shareholders
「On 17 April 2025, the Company received a recommendation from the Japan Fair Trade Commission under the Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors (currently the Act on the Optimization of Transactions between Contractors and Subcontractors).」
The Company reiterated the Japan Fair Trade Commission's recommendation concerning a violation of the Subcontract Act. - FY2025MaterialisedAnnual report
「The Company received a recommendation from the Japan Fair Trade Commission on 17 April 2025 under the Act on Prevention of Delay in Payment of Subcontracting Charges, etc. (the “Subcontract Act”). The Company had lent molds and other items it owned, used to manufacture certain components of its products, to business partners covered by the Subcontract Act. The Commission determined that requiring those partners to store the molds and other items free of charge, despite placing no orders for an extended period for components made using them, violated Article 4, paragraph 2, item 3 of the Act, which prohibits demands for the provision of unjust economic benefits.」
The Company disclosed for the first time that it received a recommendation from the Japan Fair Trade Commission on 17 April 2025 under the Subcontract Act concerning its practice of having subcontractors store molds and other items free of charge.