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Nissan Motor Co. won’t appeal a ruling by a court in Japan that found the automaker guilty for its role in underreporting former Chairman Carlos Ghosn’s compensation, calling it a “fair judgment.”

On Thursday, Chief Judge Kenji Shimotsu ordered Nissan, which didn’t dispute the charges, to pay a ¥200 million ($1.7 million) fine, saying the company bears responsibility and the case revealed its “dysfunctional governance.” Greg Kelly, Nissan’s former director, was found partially guilty and given a suspended sentence.

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