Antitrust investigation concerning transactions in HDD components
First written in FY2017-Q1. 15 of 26 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1RestatedAnnual report
「The Taiwan Fair Trade Commission challenged the ruling and filed an appeal in September 2023.」
The dispute remains ongoing because of the Taiwan Fair Trade Commission's appeal, despite the company's victory in the case concerning the commission's surcharge payment order. - FY2024-Q2Ongoing litigation following an appeal by the Taiwanese authoritiesAnnual report
「Regarding transactions involving suspensions for hard disk drives (HDDs), the company received a TWD 285 million surcharge payment order from the Taiwan Fair Trade Commission in November 2020 for violating Taiwan's Fair Trade Act (antitrust law). The company filed an administrative lawsuit challenging the order in January 2021, and in August 2023 received a ruling in its complete favor. The Taiwan Fair Trade Commission challenged the ruling and filed an appeal in September 2023.」
The company received a ruling in its complete favor in the administrative lawsuit challenging the Taiwan Fair Trade Commission's surcharge payment order, but the commission has appealed, and the dispute remains ongoing. - FY2023RestatedAnnual report
「Regarding transactions involving suspensions for hard disk drives (HDDs), the company received a TWD 285 million surcharge payment order from the Taiwan Fair Trade Commission in November 2020 for violating Taiwan's Fair Trade Act (antitrust law), but filed an administrative lawsuit challenging the order in January 2021.」
The company continues to report the administrative lawsuit challenging Taiwan's surcharge payment order. - FY2023-Q3RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine, and that consumer class actions have been filed in the United States and Canada. The administrative lawsuit challenging the Taiwan Fair Trade Commission's surcharge payment order also remains ongoing. - FY2023-Q2RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine. Consumer class actions seeking damages in the United States and Canada have also been filed in connection with this matter.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine, and that consumer class actions have been filed in the United States and Canada. - FY2023-Q1RestatedAnnual report
「Regarding transactions involving suspensions for hard disk drives (HDDs), the company received a TWD 285 million surcharge payment order from the Taiwan Fair Trade Commission in November 2020 for violating Taiwan's Fair Trade Act (antitrust law), but filed an administrative lawsuit challenging the order in January 2021.」
The company disclosed the Taiwan Fair Trade Commission's surcharge payment order and the ongoing administrative lawsuit challenging it. - FY2022RestatedAnnual report
「Regarding transactions involving suspensions for hard disk drives (HDDs), the company received a TWD 285 million surcharge payment order from the Taiwan Fair Trade Commission in November 2020 for violating Taiwan's Fair Trade Act (antitrust law), but filed an administrative lawsuit challenging the order in January 2021.」
The company disclosed the Taiwan Fair Trade Commission's surcharge payment order and the ongoing administrative lawsuit challenging it, maintaining the position reported in the previous quarter. - FY2022-Q3RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine. Consumer class actions seeking damages in the United States and Canada have also been filed in connection with this matter.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine, and that consumer class actions have been filed in the United States and Canada. - FY2022-Q2MaterialisedAnnual report
「Regarding transactions involving suspensions for hard disk drives (HDDs), the company received a surcharge payment order of TWD 285 million from the Taiwan Fair Trade Commission for violating Taiwan's Fair Trade Act (antitrust law), but filed an administrative lawsuit challenging the order.」
In addition to Japan and the United States, the company newly disclosed that it had received a surcharge payment order from the Taiwan Fair Trade Commission and filed an administrative lawsuit challenging it. - FY2022-Q1RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine. Consumer class actions seeking damages in the United States and Canada have also been filed in connection with this matter.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine, and that consumer class actions have been filed in the United States and Canada. - FY2021-Q3RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine. Consumer class actions seeking damages in the United States and Canada have also been filed in connection with this matter.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine, and that consumer class actions have been filed in the United States and Canada. - FY2021-Q2RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine. Consumer class actions seeking damages in the United States and Canada have also been filed in connection with this matter.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine, and that consumer class actions have been filed in the United States and Canada. - FY2021-Q1RestatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement for violating the U.S. Sherman Act (antitrust law) and paid the fine.」
The company continues to report that it agreed to a plea agreement with the U.S. Department of Justice and has paid the fine. The consumer class actions in the United States and Canada also remain ongoing. - FY2020-Q3MitigatedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice in July 2019 to a plea agreement that provides, among other things, for the payment of a fine for violating the U.S. Sherman Act (antitrust law), and paid the fine. The U.S. Department of Justice subsequently filed for summary judgment, but the judgment became final and payment was made.」
Regarding the matter involving the U.S. Department of Justice, which had remained ongoing, the judgment became final and payment of the USD 28 million fine (¥3,122 million) was completed. Meanwhile, the consumer class actions remain ongoing. - FY2020-Q2MaterialisedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice to a plea agreement that provides, among other things, for the payment of a fine for violating the U.S. Sherman Act (antitrust law). Since the announcement on 30 July 2019, consumer class actions seeking damages have been filed in the United States and Canada.」
In addition to the agreement on a plea agreement with the U.S. Department of Justice, the company disclosed that consumer class actions seeking damages had been filed in the United States and Canada. - FY2020-Q1MaterialisedAnnual report
「Regarding the manufacture and sale of suspensions for hard disk drives (HDDs), the company agreed with the U.S. Department of Justice to a plea agreement that provides, among other things, for the payment of a fine for violating the U.S. Sherman Act (antitrust law). The fine and related amounts were recognized as an extraordinary loss under provision for antitrust-related losses. In addition, on 29 July 2019 (U.S. time), the U.S. Department of Justice filed for summary judgment with a federal district court.」
Regarding the U.S. Department of Justice investigation, which had been described as ongoing with an unknown impact, specific developments have occurred: agreement on a plea agreement, recognition of a ¥3,134 million provision for fines and related amounts, and filing with a federal district court. - FY2019-Q3RestatedAnnual report
「The company received cease-and-desist and surcharge payment orders from the Japan Fair Trade Commission for violations of the Antimonopoly Act and has paid the surcharge. Meanwhile, the U.S. Department of Justice's investigation remains ongoing, and its outcome and impact on the company are both unknown at this time.」
The company continues to report that it has received the Japan Fair Trade Commission's orders and paid the surcharge, while the U.S. Department of Justice's investigation remains ongoing and its outcome and impact are unknown. - FY2019-Q2MitigatedAnnual report
「The company received cease-and-desist and surcharge payment orders from the Japan Fair Trade Commission for violations of the Antimonopoly Act and has paid the surcharge. Meanwhile, the U.S. Department of Justice's investigation remains ongoing, and its outcome and impact on the company are both unknown at this time.」
The disclosure states that, in addition to receiving the Japan Fair Trade Commission's orders, payment of the surcharge has been completed. Meanwhile, the U.S. Department of Justice's investigation remains ongoing, and its outcome and impact are unknown. - FY2019-Q1MitigatedAnnual report
「The Japan Fair Trade Commission's investigation has ended following the receipt of cease-and-desist and surcharge payment orders for violations of the Antimonopoly Act. The U.S. Department of Justice's investigation remains ongoing, however, and may affect the financial position, operating results and other matters. The impact is unknown at this time.」
The Japan Fair Trade Commission's investigation ended following the receipt of cease-and-desist and surcharge payment orders, while the U.S. Department of Justice's investigation remains ongoing. - FY2018MaterialisedAnnual report
「On 9 February 2018, the company and its Chinese subsidiary ＮＡＴペリフェラル社 received cease-and-desist and surcharge payment orders from the Japan Fair Trade Commission for violations of the Antimonopoly Act in connection with transactions involving HDD suspensions. The company recognized ¥1,392 million as an extraordinary loss, including legal fees and other costs incurred in responding to the investigation.」
The matter progressed from the Japan Fair Trade Commission's advance-notice stage, and the company actually received cease-and-desist and surcharge payment orders. On a consolidated basis, it recognized ¥1,392 million in antitrust-related losses, including a ¥1,076 million surcharge. - FY2018-Q3MaterialisedAnnual report
「On 5 December 2017, the company and its Hong Kong subsidiary NATペリフェラル社 received advance notices from the commission concerning draft cease-and-desist orders and draft surcharge payment orders. As of the date of submission of the quarterly report, however, the commission had not yet reached a conclusion regarding any disposition or other action. The U.S. Department of Justice's investigation also remains ongoing, and because its impact on the financial position and operating results is unknown at this time, it has not been reflected in the quarterly consolidated financial statements.」
The company disclosed that it had actually received advance notices from the Japan Fair Trade Commission concerning draft cease-and-desist orders and draft surcharge payment orders. The final disposition has not been determined, and the U.S. Department of Justice's investigation remains ongoing. - FY2018-Q2RestatedAnnual report
「On 26 July 2016, the company and its U.S. subsidiary NHKインターナショナル社 were subject to on-site inspections by the Japan Fair Trade Commission and the U.S. Department of Justice on suspicion of violating the Antimonopoly Act (antitrust laws) in connection with transactions involving HDD components. The company and NHKインターナショナル社 are cooperating fully with the investigations by the Japan Fair Trade Commission and the U.S. Department of Justice. The investigations are ongoing, and their impact on the financial position and operating results is unknown at this time.」
The investigations by the Japan Fair Trade Commission and the U.S. Department of Justice remain ongoing, and their impact on the financial position and operating results is still unknown. - FY2018-Q1RestatedAnnual report
「On 26 July 2016, the company and its U.S. subsidiary NHKインターナショナル社 were subject to on-site inspections by the Japan Fair Trade Commission and the U.S. Department of Justice on suspicion of violating the Antimonopoly Act (antitrust laws) in connection with transactions involving HDD components. The company and NHKインターナショナル社 are cooperating fully with the investigations by the Japan Fair Trade Commission and the U.S. Department of Justice. The investigations are ongoing, and their impact on the financial position and operating results is unknown at this time.」
The investigations by the Japan Fair Trade Commission and the U.S. Department of Justice remain ongoing, and their impact on the financial position and operating results is still unknown. - FY2017-Q3WorsenedAnnual report
「On 26 July 2016, the company and its U.S. subsidiary ＮＨＫインターナショナル社 were subject to on-site inspections by the Japan Fair Trade Commission and the U.S. Department of Justice on suspicion of violating the Antimonopoly Act (antitrust laws) in connection with transactions involving HDD components. The company and ＮＨＫインターナショナル社 are cooperating fully with the investigations by the Japan Fair Trade Commission and the U.S. Department of Justice.」
In addition to the previously reported Japan Fair Trade Commission investigation, the U.S. Department of Justice's on-site inspection and investigation are now also explicitly disclosed, broadening the scope of the investigating authorities. The investigations remain ongoing, and the impact is unknown. - FY2017-Q2RestatedAnnual report
「On 26 July 2016, the company was subject to an on-site inspection by the Japan Fair Trade Commission on suspicion of violating the Antimonopoly Act in connection with transactions involving HDD components. The company is cooperating fully with the Japan Fair Trade Commission's investigation. The investigation is ongoing, and its impact on the company's financial position and operating results is unknown at this time.」
The Japan Fair Trade Commission's investigation remains ongoing, and its impact on the financial position and operating results is still unknown. The same matter is also disclosed as a contingent liability in the quarterly consolidated balance sheet. - FY2017-Q1First statedAnnual report
「On 26 July 2016, the company was subject to an on-site inspection by the Japan Fair Trade Commission on suspicion of violating the Antimonopoly Act in connection with transactions involving HDD components. The investigation is ongoing, and its impact on the company's financial position and operating results is unknown at this time.」
The Japan Fair Trade Commission conducted an on-site inspection. The investigation remains ongoing, and the impact on the financial position and operating results is unknown.