Qualcomm Inc said on Monday that it had received a draft order apparently related to licensing terms from the Japan Fair Trade Commission (JFTC).
The wireless chip and technology developer, which was hit with a roughly $200 million fine from the Korea Fair Trade Commission last week, said that it could not comment in detail until it had a full translation of the Japanese document.
But it said that it appears that the draft is directed at common, industry-standard licensing terms which Qualcomm described as pro-competitive and the subject of intense negotiations with very substantial Japanese companies.
Qualcomm, which derived about 11 percent of its total revenue from Japan in the first nine months of this fiscal year, declined further comment. The company's spokeswoman, Christine Trimble, said the draft's contents were confidential.
Piper Jaffray analyst Michael Walkley said more details were needed to gauge the impact for Qualcomm investors.
Japan is a much smaller market for Qualcomm than Korea, which Walkley expects to bring in almost 30 percent of the company's revenue this year.
Analysts said last week that they expected the Korean sanctions, which have yet to be confirmed in a written order, to have little impact on Qualcomm because its high-speed wireless chip business was unaffected by the order.
Qualcomm said it not yet responded to Japan's order and was told it would have the right to file a written response before a final decision and that it intended to do so.
The company's shares closed down 87 cents or almost 2 percent at $46.48 on Nasdaq after the news.
(Reporting by Sinead Carew, editing by Leslie Gevirtz)