The fine and agreement relate to the sale of ro-ro shipping services, and K Line said it had cooperated fully with the investigations and would continue to do so.
“K Line takes this matter seriously and has taken steps to further strengthen its compliance and training programmes to ensure compliance to applicable laws and regulations,” the Japanese line said.
K Line said it would report a JPY7.032bn extraordinary loss in the second quarter, which would be consolidated into its FY2015 annual results reported on 31 March 2015.
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