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« Ethical » rating of Hankyu
, group
and subsidiaries
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Fraud 1
Sales 3 Bn $.€ /year
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ShareholdersBusiness & marketSubsidiariesLocations & production
year | financial misdemeanor | sales | income | | | source |
| 2008 |
The Japan Fair Trade Commission fined 12 international freight forwarders (Nippon Express, Kintetsu World Express, Yusen Air & Sea Service, MOL Logistics, Nishi-Nippon Railroad, Hankyu Hanshin Express Holdings, Nissin, Vantec World Transport, "K" Line Logistics, Yamato Global Logistics Japan, Hanshin Air Cargo and United Aircargo Consolidators) a total of approximately $94.7 million for forming a cartel to raise air cargo charges. According to the JFTC, the 12 companies negotiated the arrangement at meetings of the Japan Aircargo Forwarders Association and the practice continued from 2004 to 2007. They dissolved the cartel only after European Union and U.S. anti-trust authorities began investigations in 2007. |
| | | | | | Journal of Commerce |
| 1998 |
| 3,14 | 0,04 | | | billion US$ | |
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| year | financial misdemeanor | sales | income | assets | buyback | source |
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