Illegal resale of materials used in product manufacturing and misappropriation of sale proceeds
株式会社ヤマウ (a consolidated subsidiary of ヤマウホールディングス)
Materials used in product manufacturing
The employee illegally sold materials used in product manufacturing to third parties and misappropriated the proceeds. The company stated that the incident resulted from deficiencies in its management and control systems.
Loss of approximately ¥120 million. Accounting classification, such as special loss or non-operating expenses: Not disclosed
Current fiscal year (the specific fiscal year and quarter are Not disclosed)
The impact of this matter on the consolidated earnings forecast for the current fiscal year is immaterial, and no revision will be made.
Related procedures
Reporting to the jurisdictional police station, preparations for filing a damage report, and civil legal measures, including seeking damages
Local police station
Company response
An internal investigation has been conducted since early March 2026. Third-party committee, special investigation committee and external experts: Not disclosed
1. Strengthening compliance training: Compliance training will be conducted regularly for all officers and employees to further enhance awareness of compliance. 2. Strengthening the checking system: The processes for ordering and receiving materials, as well as the methods and frequency of physical inventory counts, will be reviewed to strengthen the management and checking systems. 3. Strengthening internal audits: The audit items covered by the internal audit department will be focused, and the monitoring system will be strengthened to facilitate the early detection of misconduct. 4. Enhancing the internal reporting system: Information about the internal reporting hotline will be thoroughly disseminated to encourage its use, and efforts will be made to improve the system's effectiveness.
The company plans to proceed with preparations for filing a damage report, civil legal measures, including seeking damages for losses incurred by ヤマウ, and the review and strengthening of its internal control systems through the recurrence-prevention measures, in an effort to restore trust.
| Item | Details |
|---|---|
| Event name | Illegal resale of materials used in product manufacturing and misappropriation of sale proceeds |
| Date of occurrence | From January 2021 through February 2026 (resale continued over this period) |
| Date recognized / date notice received | Early March 2026 (discovered through an internal investigation) |
| Subject Entity | 株式会社ヤマウ (a consolidated subsidiary of ヤマウホールディングス) |
| Target Locations / Products | Materials used in product manufacturing |
| Cause | The employee illegally sold materials used in product manufacturing to third parties and misappropriated the proceeds. The company stated that the incident resulted from deficiencies in its management and control systems. |
| Amount of Impact on Business Performance | Loss of approximately ¥120 million. Accounting classification, such as special loss or non-operating expenses: Not disclosed |
| Accounting period in which recognized | Current fiscal year (the specific fiscal year and quarter are Not disclosed) |
| Impact on Earnings Forecast | The impact of this matter on the consolidated earnings forecast for the current fiscal year is immaterial, and no revision will be made. |
| Type of litigation or proceeding | Reporting to the jurisdictional police station, preparations for filing a damage report, and civil legal measures, including seeking damages |
| Court or authority | Local police station |
| Date of filing / date of action | 17 March 2026 (the date of the employee's disciplinary dismissal). The date of reporting to the police and the date of filing the civil claim: Not disclosed |
| Investigation structure | An internal investigation has been conducted since early March 2026. Third-party committee, special investigation committee and external experts: Not disclosed |
| Measures to prevent recurrence | 1. Strengthening compliance training: Compliance training will be conducted regularly for all officers and employees to further enhance awareness of compliance. 2. Strengthening the checking system: The processes for ordering and receiving materials, as well as the methods and frequency of physical inventory counts, will be reviewed to strengthen the management and checking systems. 3. Strengthening internal audits: The audit items covered by the internal audit department will be focused, and the monitoring system will be strengthened to facilitate the early detection of misconduct. 4. Enhancing the internal reporting system: Information about the internal reporting hotline will be thoroughly disseminated to encourage its use, and efforts will be made to improve the system's effectiveness. |
| Outlook | The company plans to proceed with preparations for filing a damage report, civil legal measures, including seeking damages for losses incurred by ヤマウ, and the review and strengthening of its internal control systems through the recurrence-prevention measures, in an effort to restore trust. |
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.The employee illegally sold materials used in product manufacturing to third parties and misappropriated the proceeds. The company stated that the incident resulted from deficiencies in its management and control systems.