Worth reading
78Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
32937
¥10,000Wording
Definitive
How definitive the wording is.Decision and Details
Japan Fair Trade Commission and 長谷工リフォームReceipt of a cease-and-desist order and a surcharge payment order from the Japan Fair Trade Commission
Decision28 September 2026
Period Covered3 months from September 2026 (voluntary repayment of the president's remuneration)
Implementation28 September 2026 (receipt of the orders, chairman's resignation, and decision on disciplinary action against relevant officers and employees); voluntary repayment of remuneration for 3 months from September 2026 (planned and implemented)
Going forwardPay the surcharge into the national treasury by 30 April 2027. Revamp the sales structure overall, provide guidance and oversight on the implementation of measures to prevent recurrence, and strengthen the compliance system.
AmountSurcharge of ¥329.37 million (¥329 million); voluntary repayment of 10% of the president's monthly remuneration
Quantity / scaleDisciplinary action against relevant officers and employees; resignation of 1 representative director and chairman; voluntary repayment of remuneration by 1 representative director and president
Reason
Because it was found to have decided in advance which parties were scheduled to receive contracts and arranged for those parties to receive the contracts, in violation of the Antimonopoly Act. To prevent recurrence, clarify accountability, and restore trust
Impact on Business Performance
The company expects to record a ¥329 million surcharge as a non-operating loss for the interim consolidated accounting period. No revision has been made to the consolidated earnings forecast for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Matter Covered | Receipt of a cease-and-desist order and a surcharge payment order from the Japan Fair Trade Commission |
| Decision-Making Body | Japan Fair Trade Commission and 長谷工リフォーム |
| Decision Date | 28 September 2026 |
| Implementation Date | 28 September 2026 (receipt of the orders, chairman's resignation, and decision on disciplinary action against relevant officers and employees); voluntary repayment of remuneration for 3 months from September 2026 (planned and implemented) |
| Period Covered | 3 months from September 2026 (voluntary repayment of the president's remuneration) |
| Amount | Surcharge of ¥329.37 million (¥329 million); voluntary repayment of 10% of the president's monthly remuneration |
| Quantity / scale | Disciplinary action against relevant officers and employees; resignation of 1 representative director and chairman; voluntary repayment of remuneration by 1 representative director and president |
| Impact on Business Performance | The company expects to record a ¥329 million surcharge as a non-operating loss for the interim consolidated accounting period. No revision has been made to the consolidated earnings forecast for the fiscal year ending March 2027. |
| Reason | Because it was found to have decided in advance which parties were scheduled to receive contracts and arranged for those parties to receive the contracts, in violation of the Antimonopoly Act. To prevent recurrence, clarify accountability, and restore trust |
| Governing Rule | Article 2, Paragraph 6 and Article 3 of the Antimonopoly Act |
| Related previous disclosures | Consolidated earnings forecast for the fiscal year ending March 2027 announced on 15 May 2026 |
| Future plans | Pay the surcharge into the national treasury by 30 April 2027. Revamp the sales structure overall, provide guidance and oversight on the implementation of measures to prevent recurrence, and strengthen the compliance system. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Japan Fair Trade Commission found that the company had violated the Antimonopoly Act by deciding in advance which design consultant and construction contractor would receive contracts. The company said it would take disciplinary action and strengthen its systems to prevent recurrence, clarify accountability, and restore trust.
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