Bribery Case Involving Scholarship Donations and Measures to Prevent Recurrence and Restore Trust

「In January 2021, 2 former employees of our company were arrested after scholarship donations made to the School of Medicine at Mie University in fiscal 2017 were deemed to constitute bribery. They received guilty verdicts on 29 June of the same year, and the judgments became final. In response, we established an investigation committee comprising 3 external lawyers to investigate the facts and causes, and received its investigation report dated 6 August of the same year. Based on the committee’s findings and recommendations and the results of our internal investigation, we are implementing measures to prevent recurrence, including the discontinuation of scholarship donations, and initiatives to strengthen internal controls. We will continue working as a company to further strengthen compliance and restore the trust of our stakeholders.」