Name of event
CHIeru Co.,Ltd. and its consolidated subsidiary 株式会社オキジム
Bid-related operations of 株式会社オキジム
Conduct that may constitute an "unreasonable restraint of trade" as defined in Article 2, Paragraph 6 of the Antimonopoly Act was identified at 株式会社オキジム
No amount has been disclosed, and the impact on consolidated results for the fiscal year ending March 2027 is expected to be immaterial
Fiscal year ending March 2027
At this time, the impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is expected to be immaterial
Company response
Investigation by the Special Investigation Committee (the investigation report was received as disclosed on 5 August 2026)
(1) Commitment by the Board of Directors and senior management; (2) formulation and thorough communication of guidelines for conduct in compliance with the Antimonopoly Act; (3) training and study sessions for officers and employees; (4) strengthening of group management and the reporting, communication and consultation framework by the Company; (5) enhancement of business processes and information systems; and (6) overhaul of 株式会社オキジム's management structure and strengthening of governance
4 directors and 1 corporate auditor of 株式会社オキジム have indicated their intention to resign at the extraordinary general meeting of shareholders scheduled for 31 August 2026, and 100% of the stock-based compensation for CHIeru Co.,Ltd. directors for the fiscal year ending March 2027 has been withheld
Related procedures
Japan Fair Trade Commission
Centered on 1 September 2026, the Company will establish the guidelines for conduct, revise its work rules, establish a consultation contact point, develop the reporting framework, establish rules governing authority and responsibilities, develop a workflow system, and overhaul the executive structure. The first study session will be held by 10 September 2026. Regular audits will begin in October 2026, followed thereafter by annual training and reporting on and review of the implementation status of the measures.
The Company will promptly disclose any matters that arise and require disclosure.
| Item | Details |
|---|---|
| Event name | Name of event |
| Date of occurrence | 19 August 2026 (the date on which the Board of Directors resolved to formulate measures to prevent recurrence) |
| Date recognized / date notice received | 5 August 2026 (the date on which the investigation report from the Special Investigation Committee was received) |
| Subject Entity | CHIeru Co.,Ltd. and its consolidated subsidiary 株式会社オキジム |
| Target Locations / Products | Bid-related operations of 株式会社オキジム |
| Cause | Conduct that may constitute an "unreasonable restraint of trade" as defined in Article 2, Paragraph 6 of the Antimonopoly Act was identified at 株式会社オキジム |
| Amount of Impact on Business Performance | No amount has been disclosed, and the impact on consolidated results for the fiscal year ending March 2027 is expected to be immaterial |
| Accounting period in which recognized | Fiscal year ending March 2027 |
| Impact on Earnings Forecast | At this time, the impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is expected to be immaterial |
| Court or authority | Japan Fair Trade Commission |
| Investigation structure | Investigation by the Special Investigation Committee (the investigation report was received as disclosed on 5 August 2026) |
| Measures to prevent recurrence | (1) Commitment by the Board of Directors and senior management; (2) formulation and thorough communication of guidelines for conduct in compliance with the Antimonopoly Act; (3) training and study sessions for officers and employees; (4) strengthening of group management and the reporting, communication and consultation framework by the Company; (5) enhancement of business processes and information systems; and (6) overhaul of 株式会社オキジム's management structure and strengthening of governance |
| Directors' and officers' liability | 4 directors and 1 corporate auditor of 株式会社オキジム have indicated their intention to resign at the extraordinary general meeting of shareholders scheduled for 31 August 2026, and 100% of the stock-based compensation for CHIeru Co.,Ltd. directors for the fiscal year ending March 2027 has been withheld |
| Outlook | Centered on 1 September 2026, the Company will establish the guidelines for conduct, revise its work rules, establish a consultation contact point, develop the reporting framework, establish rules governing authority and responsibilities, develop a workflow system, and overhaul the executive structure. The first study session will be held by 10 September 2026. Regular audits will begin in October 2026, followed thereafter by annual training and reporting on and review of the implementation status of the measures. |
| Planned follow-up disclosure | The Company will promptly disclose any matters that arise and require disclosure. |
Items this document does not state (10)
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 conduct that may constitute an "unreasonable restraint of trade" under the Antimonopoly Act was identified at 株式会社オキジム, and the Special Investigation Committee provided recommendations for preventing recurrence.