JFTC Recommends Action Against Toridoll for Improper Payment Reductions

Jiji Press··JP·Read original
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Summary · why it matters

On the 9th, the Fair Trade Commission issued a recommendation to Toridoll Holdings, which operates Marugame Seimen and Konaz Coffee, for violating the Subcontract Act by improperly reducing payments to subcontractors. From August 2024 to July this year, Toridoll reduced payments to 37 subcontractors by 1.1% under the guise of a "system usage fee," with improper reductions totaling approximately 147 million yen as of the end of last year.

Impact on assets 1

Consumer Discretionary▼