Receipt of the Special Investigation Committee’s investigation report
株式会社エム, a consolidated subsidiary of the Company
Certain transactions in the freight forwarding business conducted by 株式会社エム
Suspected recording of revenue without underlying substance
Company response
A Special Investigation Committee chaired by an outside attorney with no conflicts of interest with the Company, with an outside certified public accountant who likewise has no conflicts of interest and the Company's full-time Audit & Supervisory Committee member (independent outside director) serving as committee members. Established on 29 May 2026
The Company will take the findings of the Special Investigation Committee's investigation seriously, formulate specific measures to prevent recurrence in line with the committee's recommendations, and implement them.
Related procedures
Investigation by the Special Investigation Committee
The investigation report is scheduled to be disclosed promptly after certain portions have been withheld to protect individuals' privacy and the confidential information of business partner companies and others. The specific measures to prevent recurrence are scheduled to be disclosed promptly once finalized.
The investigation report is scheduled to be disclosed promptly. The specific measures to prevent recurrence are scheduled to be disclosed promptly once finalized.
| Item | Details |
|---|---|
| Event name | Receipt of the Special Investigation Committee’s investigation report |
| Date recognized / date notice received | 5 August 2026 (the date the investigation report was received from the Special Investigation Committee) |
| Subject Entity | 株式会社エム, a consolidated subsidiary of the Company |
| Target Locations / Products | Certain transactions in the freight forwarding business conducted by 株式会社エム |
| Cause | Suspected recording of revenue without underlying substance |
| Type of litigation or proceeding | Investigation by the Special Investigation Committee |
| Investigation structure | A Special Investigation Committee chaired by an outside attorney with no conflicts of interest with the Company, with an outside certified public accountant who likewise has no conflicts of interest and the Company's full-time Audit & Supervisory Committee member (independent outside director) serving as committee members. Established on 29 May 2026 |
| Measures to prevent recurrence | The Company will take the findings of the Special Investigation Committee's investigation seriously, formulate specific measures to prevent recurrence in line with the committee's recommendations, and implement them. |
| Outlook | The investigation report is scheduled to be disclosed promptly after certain portions have been withheld to protect individuals' privacy and the confidential information of business partner companies and others. The specific measures to prevent recurrence are scheduled to be disclosed promptly once finalized. |
| Planned follow-up disclosure | The investigation report is scheduled to be disclosed promptly. The specific measures to prevent recurrence are scheduled to be disclosed promptly once finalized. |
Items this document does not state (15)
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 Company received the investigation report from the Special Investigation Committee established to investigate suspected cases of revenue being recorded without underlying substance in certain transactions conducted through the freight forwarding business of 株式会社エム, a consolidated subsidiary of the Company. Certain portions of the report will be withheld to protect individuals' privacy and the confidential information of business partner companies and others.