According to Japan's seiko today to the Tokyo stock exchange announcement and website notice said that Japanese seiko will pay 174.92 million yuan for violation of the anti-monopoly law in our country citizen currency (about 2.9 billion yen), the company said it was full cooperation to China's National Development and Reform Commission (NDRC) buying and selling of the bearing of the query, if the fines for its full-year forecast any influence, the company will further.

Later, Japanese bearing manufacturer NTNCorp said China's National Reform Commission had fined the company 119.2 million yuan ($19.42 million) for violating China's anti-monopoly law. So today alone, the NDRC has fined the two companies a total of about 290 million yuan.

The NDRC said this month that it had completed a probe into price-fixing cases involving 12 Japanese companies over car parts and bearings and would punish them in accordance with the law. (According to citizen)