Source disclosure: January 29, 2026
Subaru Enterprise Co., Ltd. [9632.T]
TOKYO, Jan 29 (Pulse News Wire) – Subaru Enterprise CO.,LTD. (9632.T) announced today that its board of directors resolved to reduce salaries of certain executives due to ongoing antitrust investigations related to a road cleaning contract bid.
The company previously disclosed potential losses of ¥930 million associated with the suspected violation of the Anti-Monopoly Act. In detail, the company reported receiving an inspection from the Fair Trade Commission in September 2025 concerning a bid for road cleaning services from Capital Expressway Corporation. As a result, the estimated loss of ¥930 million was recorded as a special loss linked to the Anti-Monopoly Act. The investigation remains active, and the company's internal review by external auditors continues.
Effective February 2026, the compensation reductions will apply for three months: - Representative Director (Chairman) Konoike Kenji’s monthly salary will be reduced by 50%. - Representative Director (President) Noda Junji’s monthly salary will be reduced by 50%. - Executive Director Senior Managing Officer Imazawa Hiroyuki’s monthly salary will be reduced by 50%. The company deeply regrets any concern caused to shareholders, trading partners, and stakeholders.
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