Designation of Our Shares as Securities Under Supervision (Examination)
Showa Holdings Co.,Ltd.
The cooperation of the 3 directors who serve as Audit and Supervisory Committee members has not been obtained, and the Board of Directors has continued to be unable to constitute a quorum. As a result, the Board cannot make decisions on important matters, including the appointment of the Representative Director, and the decision-making and oversight systems are not functioning.
Related procedures
Designation as Securities Under Supervision (Examination)
Tokyo Stock Exchange, Inc.
The Company is currently considering its response going forward and will make a timely disclosure immediately if any matter requiring disclosure arises.
The Company will make a timely disclosure immediately if any matter requiring disclosure arises.
| Item | Details |
|---|---|
| Event name | Designation of Our Shares as Securities Under Supervision (Examination) |
| Date of occurrence | 14 July 2026 |
| Subject Entity | Showa Holdings Co.,Ltd. |
| Cause | The cooperation of the 3 directors who serve as Audit and Supervisory Committee members has not been obtained, and the Board of Directors has continued to be unable to constitute a quorum. As a result, the Board cannot make decisions on important matters, including the appointment of the Representative Director, and the decision-making and oversight systems are not functioning. |
| Type of litigation or proceeding | Designation as Securities Under Supervision (Examination) |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Date of filing / date of action | 14 July 2026 |
| Outlook | The Company is currently considering its response going forward and will make a timely disclosure immediately if any matter requiring disclosure arises. |
| Planned follow-up disclosure | The Company will make a timely disclosure immediately if any matter requiring disclosure arises. |
Items this document does not state (16)
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 Board of Directors has continued to be unable to constitute a quorum because the cooperation of the 3 directors who serve as Audit and Supervisory Committee members has not been obtained. As a result, the Board cannot make decisions on important matters, including the appointment of the Representative Director, and the decision-making and oversight systems are not functioning.