Decision and Details
Board of DirectorsApplication to extend the submission deadline for the annual securities report for the 20th fiscal year (from 1 April 2025 to 31 March 2026)
The Special Investigation Committee's investigation is continuing to fully clarify the facts of the matter in question and similar cases, determine their causes, and formulate thorough measures to prevent recurrence. The company expects that completing the investigation, financial closing procedures and accounting audit will require a considerable amount of time, and therefore determined that it would be unable to receive the auditor's report by the submission deadline.
| Item | Details |
|---|---|
| Matter Covered | Application to extend the submission deadline for the annual securities report for the 20th fiscal year (from 1 April 2025 to 31 March 2026) |
| Decision-Making Body | Board of Directors |
| Decision Date | 29 June 2026 |
| Implementation Date | Scheduled to be submitted by 30 September 2026, subject to approval of the extension |
| Period Covered | 20th fiscal year (from 1 April 2025 to 31 March 2026) |
| Quantity / scale | Three-month extension of the submission deadline from 30 June 2026 to 30 September 2026 (if approved) |
| Reason | The Special Investigation Committee's investigation is continuing to fully clarify the facts of the matter in question and similar cases, determine their causes, and formulate thorough measures to prevent recurrence. The company expects that completing the investigation, financial closing procedures and accounting audit will require a considerable amount of time, and therefore determined that it would be unable to receive the auditor's report by the submission deadline. |
| Governing Rule | Article 15-2, paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc. |
| Related previous disclosures | The notice dated 28 May 2026 titled “Update on Disclosed Matters: Notice Regarding the Change in the Schedule for Announcing Financial Results for the Fiscal Year Ending March 2026 (Background and Tentative Impact Amounts Through Prior Fiscal Years)”; the notice dated 11 June 2026 titled “Notice Regarding the Establishment of a Special Investigation Committee”; and the notice dated 22 June 2026 titled “Notice Regarding Consideration of an Application to Extend the Submission Deadline for the Annual Securities Report” |
| Future plans | The company will promptly announce the result once the application is approved. It plans to submit the annual securities report by 30 September 2026 and publish the financial results summary for the fiscal year ending March 2026 by 30 September 2026 as soon as confirmation is obtained from the relevant parties. The “Matters Concerning Business Plans and Growth Potential” will be disclosed promptly once preparations are complete. |
Items this document does not state (2)
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 discovered suspected errors in the timing of revenue recognition and the accounting treatment of transactions with certain customers in the past, as well as in the accounting treatment of related purchase transactions. The company determined that it would be unable to receive the auditor's report by the original submission deadline because the investigation by the Special Investigation Committee, financial closing procedures and accounting audit would require additional time.