Decision and Details
Securities and Exchange Surveillance CommissionRecommendation by the Securities and Exchange Surveillance Commission for an administrative monetary penalty payment order
The quarterly report for the third quarter of the fiscal year ended December 2023 and the securities registration statement filed on 9 February 2024 were subject to the recommendation. Detailed reasons for the violation are Not disclosed.
The ¥1 million difference is scheduled to be recognized as extraordinary income in the first quarter of the fiscal year ending March 2027. Any impact on the earnings forecast will be disclosed if necessary after formal notification from the Financial Services Agency.
| Item | Details |
|---|---|
| Matter Covered | Recommendation by the Securities and Exchange Surveillance Commission for an administrative monetary penalty payment order |
| Decision-Making Body | Securities and Exchange Surveillance Commission |
| Decision Date | 12 June 2026 (date the recommendation was announced) |
| Period Covered | Third quarter of the ninth fiscal year (1 July 2023 to 30 September 2023) and the securities registration statement filed on 9 February 2024 |
| Amount | Recommended penalty: ¥91.49 million (¥92 million in the latter part of the notice); provision already recognized: ¥185 million; remaining provision balance: ¥92 million; difference: ¥1 million |
| Impact on Business Performance | The ¥1 million difference is scheduled to be recognized as extraordinary income in the first quarter of the fiscal year ending March 2027. Any impact on the earnings forecast will be disclosed if necessary after formal notification from the Financial Services Agency. |
| Reason | The quarterly report for the third quarter of the fiscal year ended December 2023 and the securities registration statement filed on 9 February 2024 were subject to the recommendation. Detailed reasons for the violation are Not disclosed. |
| Governing Rule | Article 20, paragraph 1 of the Act for Establishment of the Financial Services Agency |
| Related previous disclosures | Dated 13 November 2024: “(Correction) Notice Regarding Partial Correction of ‘Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2023 [Japanese GAAP] (Consolidated)’ and Filing of an Amended Report for the Quarterly Report for the Third Quarter of the Fiscal Year Ending December 2023”; dated 9 July 2024: “Notice Regarding Recognition of Non-operating Expenses and Extraordinary Loss” |
| Future plans | Upon receiving formal notification from the Financial Services Agency, the Company will consider its response and provide a further update once a decision has been made. The ¥1 million difference is scheduled to be recognized as extraordinary income in the first quarter of the fiscal year ending March 2027. |
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 recommendation concerns the quarterly report for the third quarter of the fiscal year ended December 2023 and the securities registration statement filed on 9 February 2024. On 13 November 2024, the Company had filed an amended report for the quarterly report for a prior fiscal year.