On-site inspection by the Japan Fair Trade Commission over suspected violations of the Antimonopoly Act
First written in FY2023. 3 of 6 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「In the previous fiscal year, the company recorded an extraordinary loss of ¥148 million as an antitrust-related loss, but no similarly large extraordinary gain or loss was recorded in the current fiscal year.」
The ¥148 million antitrust-related loss recorded in the previous fiscal year was not accompanied by a similarly large extraordinary gain or loss in the current fiscal year. The surcharge was paid in full in the previous fiscal year. - FY2025-H1MaterialisedAnnual report
「On 27 June 2024, the company received a cease-and-desist order and a surcharge payment order under the Antimonopoly Act from the Japan Fair Trade Commission in connection with the sale of valves for liquefied petroleum gas containers manufactured and sold by the company. As a result, the company recorded the surcharge payable, ¥148.590 million, as an antitrust-related loss under extraordinary losses. The company paid the full amount of the surcharge on 30 July 2024.」
Regarding the on-site inspection over a suspected violation of the Antimonopoly Act, the company received a cease-and-desist order and a surcharge payment order on 27 June 2024, recorded ¥148.590 million as an extraordinary loss, and paid the full amount on 30 July. - FY2024RestatedAnnual report
「The company underwent an on-site inspection by the Japan Fair Trade Commission on suspicion of violating the Antimonopoly Act, specifically the prohibition of unreasonable restraints of trade, in connection with the sale of valves for liquefied petroleum gas containers manufactured and sold by the company. The company takes the fact that it underwent the on-site inspection seriously and is fully cooperating with the Japan Fair Trade Commission's investigation.」
Regarding the on-site inspection by the Japan Fair Trade Commission, the company reaffirmed its previous explanation that the investigation is ongoing and its impact on the financial position and operating results is unknown, as well as its intention to fully cooperate with the inspection. - FY2024-Q2RestatedAnnual report
「As the investigation is ongoing, its impact on the company's financial position and operating results is unknown at this time, but the results of the investigation could affect them in the future.」
Regarding the on-site inspection by the Japan Fair Trade Commission over a suspected violation of the Antimonopoly Act, the company explained that the investigation is ongoing and the amount of the impact is unknown, while reaffirming its intention to fully cooperate with the inspection. - FY2024-Q1RestatedAnnual report
「The company takes the fact that it underwent the on-site inspection seriously and will fully cooperate with the Japan Fair Trade Commission's investigation. As the investigation is ongoing, its impact on the company's financial position and operating results is unknown at this time, but the results of the investigation could affect them in the future.」
Regarding the on-site inspection by the Japan Fair Trade Commission over a suspected violation of the Antimonopoly Act, the company reiterated that the investigation is ongoing and its impact is unknown, while reaffirming its intention to fully cooperate with the inspection. - FY2023MaterialisedAnnual report
「On 14 June 2023, the company underwent an on-site inspection by the Japan Fair Trade Commission on suspicion of violating the Antimonopoly Act, specifically the prohibition of unreasonable restraints of trade, in connection with the sale of valves for liquefied petroleum gas containers manufactured and sold by the company.」
The company disclosed as a subsequent event that it had undergone an on-site inspection by the Japan Fair Trade Commission on 14 June 2023, before submitting its annual securities report. The investigation could affect its financial position and operating results, but the amount of any impact was considered difficult to reasonably estimate at that time.