Decision and Details
Board of DirectorsSubmission of an application for approval to extend the filing deadline for the semiannual report for the 99th fiscal period (fiscal year ending March 2027)
This is because questions have been raised regarding the investment decision concerning the acquisition of FOJ shares and the reasonableness of the acquisition price, the circumstances of the transaction, the transfer of funds, and the response based on the results of various due diligence procedures, and the investigation of the facts by the investigation committee, finalization of financial results, and review procedures by the audit firm are expected to require considerable time.
Finalization of financial results based on the investigation by the investigation committee and other procedures is expected to require time. The financial impact on performance is not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Submission of an application for approval to extend the filing deadline for the semiannual report for the 99th fiscal period (fiscal year ending March 2027) |
| Decision-Making Body | Board of Directors |
| Decision Date | 12 November 2026 |
| Implementation Date | 2026-11-12 (resolution to submit and actual submission of the extension application) |
| Period Covered | Semiannual report for the 99th fiscal period (fiscal year ending March 2027) (from 2026-04-01 to 2026-09-30) |
| Quantity / scale | 29 days after the filing deadline (extended filing deadline: 2026-12-15) |
| Impact on Business Performance | Finalization of financial results based on the investigation by the investigation committee and other procedures is expected to require time. The financial impact on performance is not disclosed. |
| Reason | This is because questions have been raised regarding the investment decision concerning the acquisition of FOJ shares and the reasonableness of the acquisition price, the circumstances of the transaction, the transfer of funds, and the response based on the results of various due diligence procedures, and the investigation of the facts by the investigation committee, finalization of financial results, and review procedures by the audit firm are expected to require considerable time. |
| Governing Rule | Article 18-2, Paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc. |
| Related previous disclosures | The 10 November 2026 “Notice Regarding the Establishment of an Investigation Committee, the Postponement of the Announcement of Financial Results for the Second Quarter of the Fiscal Year Ending March 2027, and Consideration of an Application for Approval to Extend the Filing Deadline for the Semiannual Report,” and disclosures announced on 6 August 2026 and 18 August 2026 concerning the acquisition of FOJ shares |
| Future plans | If the extension application is approved, the Company will promptly make an announcement. If approved, the extended filing deadline will be 2026-12-15 |
Items this document does not state (1)
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.This is because questions have been raised regarding the investment decision concerning the acquisition of FOJ shares, the reasonableness of the acquisition price, the circumstances of the transaction, the transfer of funds, and the response based on the results of due diligence, and the investigation by the investigation committee, finalization of financial results, and review procedures by the audit firm are expected to require considerable time.