-- Eneos Holdings (TYO:5020) is strengthening governance and compliance after authorities indicted its unit Eneos Wing over alleged antimonopoly violations in diesel fuel sales in Tokyo, according to a Monday filing on the Tokyo Stock Exchange.
The Japan Fair Trade Commission indicted Eneos Wing on April 17 on suspicion of coordinating diesel prices, with prosecutors filing charges the same day.
Eneos Holdings is restructuring management at Eneos Wing, setting up a compliance unit, and expanding audits and executive training across key group companies.
The parent has also conducted a cartel risk review and has not identified significant issues, it said.