Antitrust-Related Investigations, Litigation and Settlement Costs
First written in FY2016. 16 of 31 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Denso moved to the "Worse" side of this theme in 2016.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Balance as of 31 March 2026 –」
The antitrust-related loss provision declined from the previous year's balance of ¥6,998 million to zero through utilization and other factors. General legal risks, including customer litigation and individual negotiations in the United Kingdom, are disclosed separately. - FY2025MitigatedAnnual report
「Balance as of 31 March 2025 6,998」
The balance of the antitrust-related loss provision decreased from ¥13,619 million in the previous year to ¥6,998 million, while utilization during the year totaled ¥6,699 million. Litigation by a customer in the United Kingdom and individual negotiations continue. - FY2025-H1RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in a lawsuit brought by one customer in a UK court in connection with allegations of antitrust violations in past transactions involving certain automotive parts.” “The Company is conducting individual negotiations with major customers, including automakers, in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities relating to antitrust matters, litigation by a customer in the United Kingdom, individual settlement negotiations with major customers, and provision recognition continue. - FY2024MaterialisedAnnual report
「“Other” for the fiscal year includes ¥4,951 million in antitrust-related losses, including settlement payments and other expenses relating to allegations of antitrust violations in past transactions involving certain automotive parts.」
The Company recorded ¥4,951 million in antitrust-related losses, and the balance of the antitrust-related loss provision increased to ¥13,619 million. Litigation brought by one customer in the United Kingdom is also disclosed. - FY2024-Q3MaterialisedAnnual report
「“Other” for the cumulative third quarter includes ¥3,645 million in antitrust-related losses, including settlement payments and other expenses relating to allegations of antitrust violations in past transactions involving certain automotive parts (see Note 17, “Contingencies”).」
The Company recorded a ¥3.645 billion loss as antitrust-related settlement payments and other expenses, with the legal and financial burden continuing to materialize. - FY2024-Q1RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company is conducting individual negotiations with major customers, including automakers, in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities relating to antitrust matters, individual negotiations with major customers, and provision recognition continue. - FY2023MaterialisedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company is conducting individual negotiations with major customers, including automakers, in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities and individual negotiations with major customers continue, while the antitrust-related loss provision increased by ¥816 million during the period, ¥4,972 million was utilized, and the ending balance was ¥11,743 million. - FY2023-Q3RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company is conducting individual negotiations with major customers, including automakers, in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities relating to antitrust matters, individual negotiations with major customers, and provision recognition continue. - FY2023-Q2RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company is conducting individual negotiations with major customers, including automakers, in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities relating to antitrust matters, individual negotiations with major customers, and provision recognition continue. - FY2023-Q1RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries. The Company is conducting individual negotiations with major customers, including automakers, in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities relating to antitrust matters, individual negotiations with major customers, and provision recognition continue. - FY2022MaterialisedAnnual report
「Antitrust-related loss provision: increase during the period 3,093; decrease during the period (utilization) △525; balance as of 31 March 2022 14,889」
Amid continuing investigations, litigation and settlement negotiations relating to antitrust matters, the Company recognized an additional ¥3,093 million during the year, bringing the ending provision balance to ¥14,889 million. - FY2022-Q3RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States seeking damages brought by state attorneys general in connection with allegations of antitrust violations in past transactions involving certain automotive parts, and a Company subsidiary is among the defendants in a lawsuit brought by one customer in Germany.”」
Investigations by authorities relating to antitrust matters, litigation in the United States and Germany, individual negotiations with major customers, and provision recognition continue. - FY2022-Q2RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States seeking damages brought by state attorneys general in connection with allegations of antitrust violations in past transactions involving certain automotive parts, and a Company subsidiary is among the defendants in a lawsuit brought by one customer in Germany.”」
Investigations by authorities relating to antitrust matters, litigation in the United States and Germany, individual negotiations with major customers, and provision recognition continue. - FY2022-Q1RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States seeking damages brought by state attorneys general in connection with allegations of antitrust violations in past transactions involving certain automotive parts, and a Company subsidiary is among the defendants in a lawsuit brought by one customer in Germany.”」
Investigations by authorities relating to antitrust matters, litigation brought by state attorneys general in the United States, litigation by a customer in Germany, individual settlement negotiations with major customers, and provision recognition continue. - FY2021MaterialisedAnnual report
「The antitrust-related loss provision increased by ¥600 million during the period, decreased by ¥343 million through utilization, and had a balance of ¥11,400 million as of 31 March 2021.」
Amid continuing investigations, litigation and settlement negotiations relating to antitrust matters, the Company recognized an additional ¥600 million provision during the year and disclosed an ending balance of ¥11,400 million. - FY2021-Q3RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States seeking damages brought by state attorneys general in connection with allegations of antitrust violations in past transactions involving certain automotive parts, and a Company subsidiary is among the defendants in a lawsuit brought by one customer in Germany.”」
Investigations by authorities relating to antitrust matters, litigation brought by state attorneys general in the United States, litigation by a customer in Germany, individual negotiations with major customers, and provision recognition continue. - FY2020-Q3Updates to the countries and parties involved in the litigationAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States seeking damages brought by certain car dealers and state attorneys general in connection with allegations of antitrust violations in past transactions involving certain automotive parts, and a Company subsidiary is among the defendants in a lawsuit brought by one customer in Germany.”」
Investigations by authorities, litigation in the United States, individual negotiations with major customers, and provision recognition continue, and litigation by a customer in Germany is also disclosed. - FY2020-Q2RestatedAnnual report
「“The Company is responding to investigations by authorities in certain countries.” “The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States and Canada seeking damages in connection with allegations of antitrust violations in past transactions involving certain automotive parts.”」
Investigations by authorities relating to antitrust matters, litigation in the United States and Canada, individual negotiations with major customers, and provision recognition continue. - FY2020-Q1RestatedAnnual report
「For several of the matters described above, the Company estimated the amounts that may have to be paid and recognized provisions, with the related expenses included in “Other expenses.”」
Investigations relating to antitrust matters, litigation in the United States and Canada, individual negotiations with major customers, and provision recognition continue. - FY2019MaterialisedAnnual report
「“Other” for the fiscal year includes antitrust-related losses, including settlement payments and other expenses relating to allegations of antitrust violations in past transactions involving certain automotive parts, of ¥10,424 million and ¥1,170 million, respectively (see Note 31, “Contingencies”).」
The Company recorded a ¥1,170 million loss for the year as antitrust-related settlement payments and other expenses, and legal and financial burdens continue to arise. - FY2019-Q2MaterialisedAnnual report
「“Other” for the cumulative second quarter includes ¥1,170 million in antitrust-related losses, including settlement payments relating to certain automotive parts (see Note 16, “Contingencies”).」
The Company recorded a ¥1,170 million loss during the cumulative second quarter as antitrust-related settlement payments and other expenses, with the financial burden associated with litigation and settlement negotiations continuing to materialize. - FY2019-Q1MaterialisedAnnual report
「Other for the first quarter of the current fiscal year includes ¥1,053 million in antitrust-related losses, consisting of settlement payments and other costs relating to certain automotive parts (see Note 15, Contingencies).」
The Company recorded ¥1,053 million in losses during the first quarter as antitrust-related settlement payments and other costs, indicating that the legal and financial burden continues to be realized. - FY2018MaterialisedAnnual report
「Other for the previous and current fiscal years includes antitrust-related losses of ¥9,508 million and ¥10,424 million, respectively, consisting of settlement payments and other costs relating to suspected violations of antitrust laws in past transactions involving certain automotive parts (see Note 30, Contingencies).」
Antitrust-related losses totaled ¥10,424 million for the fiscal year, while the year-end balance of the provision for antitrust-related losses increased to ¥21,136 million. Litigation in the United States and Canada, regulatory investigations and individual negotiations with customers have also continued. - FY2018-Q3MaterialisedAnnual report
「Other for the first nine months of the previous and current third quarters includes antitrust-related losses of ¥9,306 million and ¥6,013 million, respectively, consisting of settlement payments and other costs relating to certain automotive parts (see Note 15, Contingencies).」
The Company recorded ¥6,013 million in losses during the first nine months of the current third quarter as antitrust-related settlement payments and other costs, indicating that litigation, individual settlement negotiations and the related financial burden continue to be realized. - FY2018-Q2RestatedAnnual report
「The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States and Canada seeking damages in connection with alleged violations of antitrust laws relating to transactions involving certain automotive parts. The Company has estimated the amounts that may be payable in some of the above matters and recorded provisions, with the related expenses included in other expenses.」
Antitrust-related investigations, litigation in the United States and Canada, individual settlement negotiations and provision recognition have continued. No new loss amount was specified. - FY2018-Q1MaterialisedAnnual report
「The Company and certain subsidiaries are among the defendants in multiple lawsuits in the United States and Canada seeking damages in connection with alleged violations of antitrust laws relating to transactions involving certain automotive parts. Hearings concerning class certification in some of the Canadian lawsuits were expected to take place during 2018. The Company has estimated the amounts that may be payable in some of the above matters and recorded provisions, with the related expenses included in other expenses.」
Antitrust-related regulatory investigations, litigation in the United States and Canada, individual settlement negotiations and provision recognition have continued. Hearings on class certification in some Canadian lawsuits were expected during 2018. - FY2017MaterialisedAnnual report
「Other for the previous and current fiscal years includes antitrust-related losses of ¥45,930 million and ¥9,508 million, respectively, consisting of settlement payments and other costs relating to suspected violations of antitrust laws in past transactions involving certain automotive parts (see Note 29, Contingencies).」
The Company recorded ¥9,508 million in losses during the fiscal year as antitrust-related settlement payments and other costs, and the provision for related losses stood at ¥11,522 million at fiscal year-end. - FY2017-Q3MaterialisedAnnual report
「Other for the first nine months of the previous and current third quarters includes antitrust-related losses of ¥27,690 million and ¥9,306 million, respectively, consisting of settlement payments and other costs relating to certain automotive parts (see Note 14, Contingencies).」
The Company recorded ¥9,306 million in losses during the first nine months of the current third quarter as antitrust-related settlement payments and other costs, indicating that the legal and financial burden continues to be realized. - FY2017-Q2MaterialisedAnnual report
「Other for the first six months of the previous and current second quarters includes antitrust-related losses of ¥19,580 million and ¥9,193 million, respectively, consisting of settlement payments and other costs relating to certain automotive parts (see Note 14, Contingencies).」
The Company recorded ¥9,193 million in losses during the first six months of the current second quarter as antitrust-related settlement payments and other costs, indicating that the legal and financial burden continues to be realized. - FY2017-Q1MaterialisedAnnual report
「Other for the first quarter of the current fiscal year includes ¥9,382 million in antitrust-related losses, including settlement payments relating to certain automotive parts (see Note 14, Contingencies).」
The Company recorded ¥9,382 million in losses during the quarter as antitrust-related settlement payments and other costs, reflecting the additional realization of these costs. - FY2016MaterialisedAnnual report
「The Company and certain subsidiaries are currently among the defendants in multiple class actions in the United States and Canada seeking damages in connection with alleged violations of antitrust laws relating to transactions involving certain automotive parts. ¥45,930 million is included in other expenses.」
Regulatory investigations, class actions in the United States and Canada, and settlement negotiations with customers have arisen, and the Company has recorded a provision of ¥45,930 million.