Yazaki Plea Agreement

Category: Allgemein

Under four different counts, Hanamura, Kawai, Ogawa and Takada each participated in a conspiracy to manipulate and repair, stabilize and maintain bids for automotive wiring harnesses and related products sold to customers in the United States and elsewhere. The ministry said the individuals were involved in the plots at various times, from January 2000 to at least February 2010. During the conspiracies, the individuals held the following positions: Hanamura was a branch manager at Yazaki North America in Columbus, Ohio, and a sales manager for Honda`s division in Japan; Kawai served as Toyota Sales Manager for Yazaki North America in Lexington, Kentucky, and Deputy Head of the Toyota Business Unit Department at Yazaki in Japan; Ogawa served as Deputy Section Chief and later Section Chief in Yazaki`s Honda business unit in Japan and branch manager in Yazaki`s Honda sales unit and later director at Yazaki North America in Columbus; Takada served as Deputy Director of Yazaki`s Toyota Business Unit, Director of Yazaki North America in Lexington and Director of a Sales Department of Yazaki`s Toyota Business Unit in Japan. Under the plea agreements, which require court approval, Ogawa and Takada each agreed to spend 15 months in a U.S. prison. Hanamura and Kawai agreed to spend two years each in an American prison. Each of the four executives also agreed to pay a $20,000 fine. Under the plea agreements, Yazaki, DENSO, Hanamura, Kawai, Ogawa and Takada have agreed to assist the ministry in its ongoing investigations into the auto parts industry. Two Japanese suppliers of automotive electrical components — Yazaki Corporation and DENSO Corporation — have agreed to plead guilty and pay a total of $548 million in fines for their involvement in several price fixing and bid-fixing in the sale of parts to automakers in the United States, the Department of Justice announced today. Four leaders, all Japanese nationals, also agreed to plead guilty and serve prison sentences in the United States.

On November 14, 2011, Furukawa Electric Co. Ltd. pleaded guilty and was fined $200 million for its role in the conspiracy to co-issue and manipulate bids. .