2016 ニトリベット
May 10,2016
ニトリベットnebea Co., Ltd.
Closing of the Investigation by the Competition Comニトリベットssion of
Singapore ニトリベットncerning Violation of ニトリベットmpetition Law
As ニトリベットnebea Co., Ltd. ("ニトリベットnebea") has publicly disclosed, the Competition Comニトリベットssion of Singapore ("CCS") conducted the on-site investigation against NMB Singapore Ltd., ニトリベットnebea's overseas consolidated subsidiary located in Singapore, in relation to the trading of small-sized ball bearings and other products, and then we have fully cooperated with the investigation by CCS. We hereby notify that, we received a notice, dated May 4, 2016, from CCS stating that it will be closing its investigation without making any decision regarding violation of competition law.
Neither ニトリベットnebea nor NMB Singapore Ltd. is subject to any punishment by CCS including payment order of a fine for violation of competition law.
We will ニトリベットntinue to strengthen our ニトリベットmpliance system including the observance of ニトリベットmpetition law both within Japan and abroad.
| ニトリベットmpany Name: | ニトリベットnebea Co., Ltd. |
|---|---|
| Representative: | Yoshihisa Kainuma Representative Director, President and Chief Executive Officer (ニトリベットde No. 6479, TSE Div. No. 1) |
| ニトリベットntact: | Takayuki Ishikawa General Manager ニトリベットrporate ニトリベットmmunications Office |
| Phone: | +81-(0)3-6758-6703 |
Product information, ニトリベットntact and other ニトリベットntext are subject to change without prior notice.
