ShinMaywa Industries hit with business suspension for antimonopoly violations

ShinMaywa Industries, Ltd. announced on August 26, 2025, that it received a business suspension order from the Kinki Regional Development Bureau. The order, issued under the Construction Business Act, stems from violations of the Antimonopoly Act related to the sale of mechanical parking systems.

The suspension, effective from September 10 to October 9, 2025, covers all business related to machinery and equipment installation in Japan, excluding public works. The company expressed deep apologies to stakeholders and stated it takes the order seriously, committing to implementing recurrence prevention measures disclosed on March 24, 2025, to restore trust.

ShinMaywa Industries anticipates the impact of this 30-day suspension on its financial performance to be minimal and does not plan to revise its forecasts of financial results at this time.