Subaru Enterprise Co., Ltd.
Regarding Cease and Desist Order and Surcharge Payment Order from the Japan Fair Trade Commission
Received a surcharge payment order of 316.78 million yen and a cease and desist order from the Japan Fair Trade Commission for violation of the Antimonopoly Act; currently implementing recurrence prevention measures.
Key Figures
- Surcharge Payment Amount: 316.78 million yen
- Surcharge Payment Deadline: 2026-11-24
- Impact on Earnings Guidance: None (special loss recorded)
AI要約
Overview of Cease and Desist Order and Surcharge Payment Order
Subaru Kogyo Co., Ltd. was investigated by the Japan Fair Trade Commission for suspected violation of Article 3 of the Antimonopoly Act in relation to the bid for road cleaning operations ordered by Metropolitan Expressway Company Limited. On 2026-04-22, the company received a cease and desist order and a surcharge payment order totaling 316.78 million yen. The company is instructed to confirm cessation of the violation and implement recurrence prevention measures.
Future Actions and Impact on Earnings
The company conducted an investigation through an independent law firm, which pointed out issues with compliance awareness and management systems. Recurrence prevention measures such as establishing a bidding management office and revising regulations are underway. A special loss has been recorded in the financial summary dated 2026-03-16, and there is no change to the current fiscal year’s earnings guidance. Strengthening internal controls is being prioritized as a top management issue.
Subaru Kogyo Co., Ltd.
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