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Japan's Kyokuto Kaihatsu group fined $40m for special-purpose truck body cartels

By Sachiko Sakamaki ( September 24, 2025, 06:30 GMT | Insight) -- Japan’s special-purpose truck maker Kyokuto Kaihatsu Kogyo and its subsidiary were fined a total of 5.9 billion yen ($40 million) on Wednesday by the Japan Fair Trade Commission for involvement in two separate cartels for special-purpose truck bodies. While Kyokuto and its subsidiary, Nippon Trex, were penalized, their competitors, ShinMaywa Industries and its subsidiary Toho Car, avoided fines and cease-and-desist orders by successfully applying for leniency. Japan’s special-purpose truck maker Kyokuto Kaihatsu Kogyo and its subsidiary were fined a total of 5.9 billion yen ($40 million) on Wednesday by the Japanese competition watchdog for involvement in two separate cartels concerning special-purpose truck bodies....

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