• Kyodo


Denso Corp., the nation’s largest manufacturer of electronic auto parts, said Thursday it had been fined $2.45 million Canadian dollars (¥200 million) by a court in Canada for breaking the competition law by rigging bids on transactions in several kinds of auto parts.

The payment will be booked as an extraordinary loss in the July-September quarter of the current fiscal year, which ends on March 31, 2015, the company said.

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