Overview
- On September 17, the Japan Fair Trade Commission issued an administrative recommendation requiring payment of storage-cost equivalents and measures to prevent recurrence.
- Investigators found Shimano had no long-term orders planned yet kept molds and related equipment at subcontractor sites at no charge since at least December 2023.
- Some items dated back to 1994 and weighed up to about two tons, and suppliers were instructed to enter storage status into Shimano’s system twice a year without pay.
- Shimano told the regulator it retrieved or disposed of 468 molds between December 2023 and December 2024 and acknowledged internal lapses in oversight.
- The company said it is strengthening compliance, paying affected suppliers for storage and administrative work, and improving training and internal controls; the action is not a criminal sanction.