Establishment of a Special Investigation Committee and Policy to Hold a Continuation Meeting of the 29th Annual General Meeting of Shareholders
Certain subsidiaries of the Company (name: Not disclosed)
Because suspected violations of laws and regulations arose at certain subsidiaries of the Company
Fiscal year ending March 2026 (29th fiscal year, from 1 April 2025 to 31 March 2026)
The impact on the Company's consolidated results for the fiscal year ending March 2026 is currently unknown. The Company will promptly disclose any impact once it becomes known. It is also currently unclear whether any previously disclosed earnings or other information will require revision. If corrections to prior-period earnings reports or other measures become necessary, the Company will promptly disclose them.
Company response
The Special Investigation Committee was established on 3 June 2026. The chair is Go Meishoku (呉明植), an attorney and the Company's Outside Director and Audit and Supervisory Committee Member. The members are Kakuta Tomomi (角田智美), an attorney at Akanekusa Law Office, and Honda Shingo (本田真吾), an attorney and the Company's Outside Director and Audit and Supervisory Committee Member.
Recommendations for preventing recurrence
Related procedures
Investigation by the Special Investigation Committee
The Company will cooperate fully with the investigation by the Special Investigation Committee and promptly disclose the investigation report upon receipt. The Company will promptly hold a continuation meeting of the Annual General Meeting of Shareholders once the necessary procedures have been completed, including receipt of the audit report from the accounting auditor based on the investigation report. The date, time and venue of the continuation meeting will be disclosed once determined.
The Company will promptly disclose the investigation report upon receipt. It will also promptly disclose any impact on earnings once it becomes known, and will promptly disclose any corrections to prior-period earnings or other measures if they become necessary.
| Item | Details |
|---|---|
| Event name | Establishment of a Special Investigation Committee and Policy to Hold a Continuation Meeting of the 29th Annual General Meeting of Shareholders |
| Date of occurrence | 3 June 2026 (date of the Board of Directors' resolution) |
| Subject Entity | Certain subsidiaries of the Company (name: Not disclosed) |
| Cause | Because suspected violations of laws and regulations arose at certain subsidiaries of the Company |
| Accounting period in which recognized | Fiscal year ending March 2026 (29th fiscal year, from 1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The impact on the Company's consolidated results for the fiscal year ending March 2026 is currently unknown. The Company will promptly disclose any impact once it becomes known. It is also currently unclear whether any previously disclosed earnings or other information will require revision. If corrections to prior-period earnings reports or other measures become necessary, the Company will promptly disclose them. |
| Type of litigation or proceeding | Investigation by the Special Investigation Committee |
| Investigation structure | The Special Investigation Committee was established on 3 June 2026. The chair is Go Meishoku (呉明植), an attorney and the Company's Outside Director and Audit and Supervisory Committee Member. The members are Kakuta Tomomi (角田智美), an attorney at Akanekusa Law Office, and Honda Shingo (本田真吾), an attorney and the Company's Outside Director and Audit and Supervisory Committee Member. |
| Measures to prevent recurrence | Recommendations for preventing recurrence |
| Outlook | The Company will cooperate fully with the investigation by the Special Investigation Committee and promptly disclose the investigation report upon receipt. The Company will promptly hold a continuation meeting of the Annual General Meeting of Shareholders once the necessary procedures have been completed, including receipt of the audit report from the accounting auditor based on the investigation report. The date, time and venue of the continuation meeting will be disclosed once determined. |
| Planned follow-up disclosure | The Company will promptly disclose the investigation report upon receipt. It will also promptly disclose any impact on earnings once it becomes known, and will promptly disclose any corrections to prior-period earnings or other measures if they become necessary. |
Items this document does not state (14)
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.Because suspected violations of laws and regulations arose at certain subsidiaries of the Company, an investigation into the facts and the appropriateness of the accounting treatment became necessary. The timing of the investigation report has not been determined, and the procedures related to the financial results have also not been completed.