Competition law investigations and class action risks relating to motor vehicle and other freight transportation
First written in FY2016. 5 of 14 entries say "Materialised", first in FY2016. Latest entry: 2026-08-04.
No other company in this theme has enough history to compare yet.
- FY2026-H1WorsenedAnnual report
「Provision for antitrust-related losses 1,335 1,488」
The balance of the provision for antitrust-related losses increased from ¥1,335 million at the end of the previous fiscal year to ¥1,488 million at the end of the interim period. Risks relating to investigations by competition authorities and lawsuits seeking damages remain ongoing. - FY2025MitigatedAnnual report
「Provision for antitrust-related losses 3,821 1,335」
The balance of the provision for antitrust-related losses decreased from ¥3,821 million at the end of the previous fiscal year to ¥1,335 million, and no addition to the provision was recognized during the current period. Risks relating to investigations by competition authorities and lawsuits seeking damages remain. - FY2024MaterialisedAnnual report
「Provision for antitrust-related losses 1,692 3,821」
The balance of the provision for antitrust-related losses increased from ¥1,692 million at the end of the previous fiscal year to ¥3,821 million. In addition, ¥2,485 million was recognized during the current period as an addition to the provision for antitrust-related losses. - FY2024-Q3Update to the balance of the provision for antitrust-related lossesAnnual report
「Provision for antitrust-related losses 1,692 1,742」
The balance of the provision for antitrust-related losses increased from ¥1,692 million at the end of the previous consolidated fiscal year to ¥1,742 million at the end of the third quarter. Risks relating to investigations by overseas competition authorities and lawsuits seeking damages remain ongoing. - FY2023MaterialisedAnnual report
「Our group is subject to investigations by overseas competition authorities in connection with the possibility of cartels relating to the transportation of cargo such as automobiles and construction machinery. In addition, lawsuits seeking damages relating to this matter have been filed in certain countries against multiple operators, including our group. Addition to provision for antitrust-related losses 1,335」
Investigations by overseas competition authorities and lawsuits seeking damages are ongoing. During the current period, ¥1,335 million was recognized as an addition to the provision for antitrust-related losses, and the provision at the end of the period was ¥1,692 million. - FY2021RestatedAnnual report
「Our group is subject to investigations by overseas competition authorities in connection with the possibility of cartels relating to the transportation of cargo such as automobiles and construction machinery. In addition, class actions relating to this matter have been filed in certain countries against multiple operators, including our group.」
Investigations by overseas competition authorities and class actions in certain countries are ongoing. A provision for antitrust-related losses of ¥357 million and related payments of ¥630 million for the current period were disclosed. - FY2020-Q2MaterialisedAnnual report
「Provision for antitrust-related losses 3,783 834 Payments related to antitrust matters － △ 2,573」
The balance of the provision for antitrust-related losses decreased from ¥3,783 million at the end of the previous consolidated fiscal year to ¥834 million, and related payments of ¥2,573 million were made during the cumulative second quarter. The disclosure does not state that the investigations and litigation risk itself has been eliminated. - FY2018MaterialisedAnnual report
「Our group is subject to investigations by competition authorities in Europe and elsewhere overseas in connection with the possibility of cartels relating to the transportation of cargo such as automobiles and construction machinery. In February 2018, the European Commission issued a decision requiring the payment of a €39.1 million fine. In North America, class actions relating to this matter have been filed against multiple operators, including our group.」
In addition to competition-law investigations and class actions in North America, the European Commission issued a decision imposing a €39.1 million fine, and the risk materialized as an actual financial burden. - FY2018-Q3RestatedAnnual report
「For part of the provision for antitrust-related losses, the previous fiscal year’s provision was recognized on the assumption of a partial settlement in a U.S. civil class action, subject to approval by a U.S. federal court. As the U.S. federal court’s dismissal judgment became final during the current fiscal year, the provision has been recalculated reasonably based on that judgment. As a result, ordinary income and profit before income taxes for the cumulative third quarter of the current fiscal year increased by ¥3,551 million each.」
The review of the provision calculation following the finalization of the dismissal judgment in the U.S. civil class action and the ¥3,551 million increase in profit were restated. The disclosure does not state that the investigations and litigation risk itself has been eliminated. - FY2018-Q2Review of the provision calculation due to changes in the litigation situationAnnual report
「For part of the provision for antitrust-related losses, the previous fiscal year’s provision was recognized on the assumption of a partial settlement in a U.S. civil class action, subject to approval by a U.S. federal court. As the U.S. federal court’s dismissal judgment became final during the current fiscal year, the provision has been recalculated reasonably based on that judgment. As a result, ordinary income and profit before income taxes for the cumulative second quarter of the current fiscal year increased by ¥3,551 million each.」
Following the finalization of the court’s dismissal judgment concerning the U.S. civil class action, the calculation of the provision, which had been based on a settlement, was reviewed, resulting in a ¥3,551 million reversal. The disclosure does not state that the investigations and litigation risk itself has been eliminated. - FY2017RestatedAnnual report
「Our group is subject to investigations by competition authorities in Europe and elsewhere overseas in connection with the possibility of cartels relating to the transportation of cargo such as automobiles and construction machinery. In North America, class actions relating to this matter have been filed against multiple operators, including our group, and other civil lawsuits against our group may be filed in the future.」
Investigations by competition authorities and class actions in North America are ongoing. - FY2016MaterialisedAnnual report
「Our group is subject to investigations by competition authorities in Europe and elsewhere overseas in connection with the possibility of cartels relating to the transportation of cargo such as automobiles and construction machinery. In North America, class actions relating to this matter have been filed against multiple operators, including our group, and other civil lawsuits against our group may be filed in the future.」
Investigations and class actions have already arisen, and ¥3,551 million was recognized in the current period as an addition to the provision for antitrust-related losses.