Yoshitoshi Imoto

Sanctions Criminal sanctions What, if any, criminal sanctions are there for cartel activity? Cartel activity is subject to a criminal fine of up to ¥500 million for a corporation. For individuals (such as officers, directors or employees who played a central role in a cartel), such conduct is subject to imprisonment with hard labour for up to five years or a fine of up to ¥5 million, or both. Civil and administrative sanctions What civil or administrative sanctions are there for cartel activity?

Sanctions Criminal sanctions What, if any, criminal sanctions are there for cartel activity? Cartel activity is subject to a criminal fine of up to ¥500 million for a corporation. For individuals (such as officers, directors or employees who played a central role in a cartel), such conduct is subject to imprisonment with hard labour for up to five years or a fine of up to ¥5 million, or both. Civil and administrative sanctions What civil or administrative sanctions are there for cartel activity?

Cooperating parties Immunity Is there an immunity programme? If so, what are the basic elements of the programme? What is the importance of being ‘first in’ to cooperate? Yes. The leniency programme provides immunity from administrative surcharges to the first applicant that filed a report to the Japan Fair Trade Commission (JFTC) before the JFTC has initiated its investigation and a reduction in the same for the applicants that filed reports later.