Decision and Details
Japan Fair Trade CommissionCease-and-desist order and surcharge payment order concerning bids for road-cleaning services commissioned by Metropolitan Expressway Company Limited
The company engaged in conduct violating Article 3 of the Antimonopoly Act in connection with bids for road-cleaning services commissioned by Metropolitan Expressway Company Limited.
As the amount was already recorded as an extraordinary loss related to the Antimonopoly Act in the Financial Results Summary dated 16 March 2026, there is no change to the earnings forecast for the current fiscal year.
| Item | Details |
|---|---|
| Matter Covered | Cease-and-desist order and surcharge payment order concerning bids for road-cleaning services commissioned by Metropolitan Expressway Company Limited |
| Decision-Making Body | Japan Fair Trade Commission |
| Decision Date | 22 April 2026 |
| Implementation Date | The deadline for payment of the surcharge is 24 November 2026 (scheduled). The cease-and-desist measures apply from the time the order was received. |
| Amount | Surcharge of ¥316.78 million |
| Impact on Business Performance | As the amount was already recorded as an extraordinary loss related to the Antimonopoly Act in the Financial Results Summary dated 16 March 2026, there is no change to the earnings forecast for the current fiscal year. |
| Reason | The company engaged in conduct violating Article 3 of the Antimonopoly Act in connection with bids for road-cleaning services commissioned by Metropolitan Expressway Company Limited. |
| Governing Rule | Article 3 of the Antimonopoly Act (Prohibition of Unreasonable Restraint of Trade) |
| Related previous disclosures | “Financial Results Summary for the Fiscal Year Ended January 2026 [Japanese GAAP] (Consolidated),” dated 16 March 2026 |
| Future plans | The company will advance initiatives to prevent recurrence and strengthen its internal control and compliance systems, including establishing a Bid Management Office and developing bid management regulations and an Antimonopoly Act Compliance Action Manual. The surcharge will be paid by 24 November 2026. |
Items this document does not state (2)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company engaged in conduct violating Article 3 of the Antimonopoly Act in connection with bids for road-cleaning services commissioned by Metropolitan Expressway Company Limited. Based on the findings of the investigation, the company is implementing measures to prevent recurrence, including establishing a Bid Management Office and developing bid management regulations and an Antimonopoly Act Compliance Action Manual.