More than 3,000 Chinese have opted to settle a dispute with Mitsubishi Materials Corp. over the company's use of wartime forced labor by receiving apologies and compensation of 100,000 yuan (¥2 million) for each victim, sources with direct knowledge of the negotiations have said.

Mitsubishi Materials is understood to be prepared to offer the money to 3,765 Chinese — the largest number of people to be subject to a Japanese company's postwar compensation.

This is also the first time that a Japanese firm has decided to apologize and pay monetary compensation to Chinese war victims in relation to a case that has already been rejected by Japan's Supreme Court.