Hints and tips:
...Last year Denso and Yazaki, two of Japan’s biggest car parts manufacturers, agreed to pay $548m in fines for fixing prices and in 2011 Furukawa Electric agreed to pay a $200m fine in the car parts probe....
...True, the $1.4bn figure was swollen by the $470m paid by Japan’s Yazaki as part of an investigation into price-fixing in the auto parts sector, and by a $500m penalty on Taiwan’s AU Optronics for similar...
...The DoJ did not name the victims of Denso’s and Yazaki’s actions, but said that the guilty executives worked in Yazaki’s Honda and Toyota divisions. Toyota owns a 23 per cent stake in Denso....
...The probe was triggered after Yazaki’s competitor, Sumitomo Electric Wiring Systems, disclosed information to the authorities, they added....
...According to Bloomberg, the searches were conducted at Yazaki North America, Denso International America, and Tokai Rika....
...Mr Winzeler is happy to name four of them: Yazaki, a large Japanese maker of cabling systems and related parts, mainly for the auto industry; Kongsberg, a Norwegian industrial group; Kostal, a family-owned...
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