Japan’s Financial Services Agency has ordered a former senior managing director of truck maker Nissan Diesel Motor, now a subsidiary of Volvo AB, to pay a fine of JPY200,000 for insider trading of the maker’s shares in February 2007.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The former executive bought 2,000 Nissan Diesel shares for JPY870,000 on the basis of insider information before it was announced on 20 February, 2007 that the Volvo group would start a tender offer for the truck maker, the financial market regulator said.


The former executive sold the shares on the day of the announcement, taking a profit.


The Securities and Exchange Surveillance Commission, a government watchdog, recommended on 4 August the FSA fine the executive for the insider trading in breach of the Financial Instruments and Exchange Law.


The former executive left the company in June this year as the company’s in-house survey found out about his transaction, Kyodo News reported.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact