Receipt of the Investigation Report from the Independent Committee and the Company's Response
Green Monster Inc.
An external business dinner held at a restaurant in Tokyo. The parties involved were outside Audit & Supervisory Board Member B and business partner representative C.
Harassment by the Company's representative director and president, his mistaken understanding of the standards of conduct applicable to officers, and his lack of awareness of his responsibilities as representative director. There was also room for improvement in the formalization and communication of the system for handling matters involving officers.
Company response
Established on 24 June 2026. The committee consists of 3 attorneys with no interests in グリーンモンスター株式会社. The chair is Matsumura Takuji (松村卓治), and the members are 高亮 and Mitsuki Shunta (光木春太). All are affiliated with Anderson Mori & Tomotsune Foreign Law Joint Enterprise.
(1) Conducting ethics and compliance training for officers, (2) issuing messages from top management, (3) revising and strengthening the rules on standards of conduct and the prevention of harassment, (4) monitoring through regular compliance surveys, (5) formalizing and communicating the internal whistleblowing system to make officers eligible subjects of reports, and (6) enhancing dialogue among officers
No measures will be taken concerning the representative director and president's positions as representative director or director. At his request, he will voluntarily relinquish 30% of his monthly executive compensation for 3 months starting with the July 2026 payment.
Related procedures
Investigation by an independent committee into an internal harassment matter
The measures to prevent recurrence will be implemented in stages within the next year, with the monitoring framework for the conduct and statements of top management continuously strengthened.
The Company will continue to disclose the status of implementation of the measures to prevent recurrence through its website, annual securities reports and other channels.
| Item | Details |
|---|---|
| Event name | Receipt of the Investigation Report from the Independent Committee and the Company's Response |
| Date of occurrence | 20 February 2023 (the date on which the remarks in question were made) |
| Date recognized / date notice received | 12 June 2026 (the date on which the Company became aware of the matter after receiving a report from an outside Audit & Supervisory Board Member at a Board of Directors meeting) / 28 July 2026 (the date on which the Company received the investigation report from the independent committee) |
| Subject Entity | Green Monster Inc. |
| Target Locations / Products | An external business dinner held at a restaurant in Tokyo. The parties involved were outside Audit & Supervisory Board Member B and business partner representative C. |
| Cause | Harassment by the Company's representative director and president, his mistaken understanding of the standards of conduct applicable to officers, and his lack of awareness of his responsibilities as representative director. There was also room for improvement in the formalization and communication of the system for handling matters involving officers. |
| Type of litigation or proceeding | Investigation by an independent committee into an internal harassment matter |
| Investigation structure | Established on 24 June 2026. The committee consists of 3 attorneys with no interests in グリーンモンスター株式会社. The chair is Matsumura Takuji (松村卓治), and the members are 高亮 and Mitsuki Shunta (光木春太). All are affiliated with Anderson Mori & Tomotsune Foreign Law Joint Enterprise. |
| Measures to prevent recurrence | (1) Conducting ethics and compliance training for officers, (2) issuing messages from top management, (3) revising and strengthening the rules on standards of conduct and the prevention of harassment, (4) monitoring through regular compliance surveys, (5) formalizing and communicating the internal whistleblowing system to make officers eligible subjects of reports, and (6) enhancing dialogue among officers |
| Directors' and officers' liability | No measures will be taken concerning the representative director and president's positions as representative director or director. At his request, he will voluntarily relinquish 30% of his monthly executive compensation for 3 months starting with the July 2026 payment. |
| Outlook | The measures to prevent recurrence will be implemented in stages within the next year, with the monitoring framework for the conduct and statements of top management continuously strengthened. |
| Planned follow-up disclosure | The Company will continue to disclose the status of implementation of the measures to prevent recurrence through its website, annual securities reports and other channels. |
Items this document does not state (13)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The independent committee identified the representative director and president's own harassment, his mistaken understanding of the standards of conduct applicable to officers, and his lack of awareness of his responsibilities as representative director as causes of the matter. It also found room for improvement in the formalization and communication of the system for handling matters involving officers.