A: Hey there, heard some news about Dentsu Group?
B: No, what's up?
A: They got fined 300 million yen for rigging bids related to the Tokyo Olympics and Paralympics!
B: Whoa, that's a lot of money! What did they do exactly?
A: Seems like they fixed the bids for some projects together with other companies. The total value was around 280 million dollars.
B: But they say they didn't rig most of the projects. Still, the court found them guilty and fined them.
A: Right, and their former executive got two years in prison, but it's suspended for four years.
B: I see... This is bad for Dentsu as they are Japan's biggest advertising firm. The court said they hindered fair competition.
A: Yep! And this is the first of six firms that got indicted for bid-rigging in connection with the Tokyo Games to have their conviction finalized.
B: Wow, I can't believe this happened... But let's hope they learn from their mistake!
B: No, what's up?
A: They got fined 300 million yen for rigging bids related to the Tokyo Olympics and Paralympics!
B: Whoa, that's a lot of money! What did they do exactly?
A: Seems like they fixed the bids for some projects together with other companies. The total value was around 280 million dollars.
B: But they say they didn't rig most of the projects. Still, the court found them guilty and fined them.
A: Right, and their former executive got two years in prison, but it's suspended for four years.
B: I see... This is bad for Dentsu as they are Japan's biggest advertising firm. The court said they hindered fair competition.
A: Yep! And this is the first of six firms that got indicted for bid-rigging in connection with the Tokyo Games to have their conviction finalized.
B: Wow, I can't believe this happened... But let's hope they learn from their mistake!
Similar Readings (5 items)
Tokyo court fines ad giant Dentsu 300-mil. yen for rigging bids for Tokyo Games
Japan's antitrust watchdog to fine ad giants for bid-rigging in Tokyo Olympics
Dentsu blames corporate culture for Tokyo Games bid-rigging scandal
Prosecutors raid ad giant Dentsu over alleged Tokyo Games bid-rigging
Dentsu officials admit involvement in bid-rigging for Tokyo Games test events
Summary
Dentsu Group fined 300 million yen for Tokyo Olympics bid-rigging; total value approximately 280 million dollars. Court found them guilty of fixing bids with other companies, hindering fair competition. Former executive receives a suspended two-year prison sentence. As Japan's largest advertising
Reading History
| Date | Name | Words | Time | WPM |
|---|---|---|---|---|
| 2025/12/11 07:40 | Anonymous | 164 | 80s | 123 |
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ID: 4d2a1f09-3a3d-42db-a600-c2faee151a85
Category ID: conversation_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251210_19/#conversation
Date: Dec. 10, 2025
Notes: 2025-12-10
Created: 2025/12/11 04:40
Updated: 2025/12/11 07:40
Last Read: 2025/12/11 07:40