TOKYO, Apr 27 (Pulse News Wire) – On April 17, ENEOS Wing was indicted by the Tokyo District Public Prosecutors Office for suspected violations of the Antimonopoly Act related to fuel sales prices to transport companies in Tokyo. The incident occurred despite previous efforts by ENEOS Holdings to enhance governance and compliance within its group companies.
In response, ENEOS Holdings has taken steps to reinforce its governance structure. It plans to establish specialized organizations dedicated to preventing recurrence and will strengthen personnel systems through the deployment of experts in compliance and internal control.
Additionally, the company will implement thorough checks on legal compliance status and improve internal control systems across its subsidiaries. Moreover, ENEOS Holdings intends to intensify internal audits and training programs aimed at enhancing group-wide governance effectiveness.
As part of these measures, the company has completed a comprehensive review involving key executives and employees, confirming no significant issues beyond those related to the indictment.
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