Designation as Securities Under Supervision (Examination)
株式会社アクアライン (the filing company)
The Company's shares (TSE Growth, code 6173)
Following the correction of the company's financial results for prior fiscal years on 10 January 2025, the company was deemed to have a substantial need to improve its internal management system and related matters. In addition, based on the review of the contents of the Internal Management System Confirmation Report submitted on 29 January 2026 and other information, as well as inquiries, interviews and other procedures conducted by the Tokyo Stock Exchange, the company will meet the delisting criteria if the forthcoming examination finds that its internal management system and related matters have not been appropriately established or are no longer expected to be appropriately operated.
Related procedures
Designation as Securities Under Supervision (Examination) by the Tokyo Stock Exchange and examination of whether the company meets the delisting criteria
Tokyo Stock Exchange, Inc.
Company response
Inquiries, interviews and other procedures by the Tokyo Stock Exchange, and its examination. The document does not mention a third-party committee, special investigation committee or outside experts.
The designation will remain in effect until the date on which the Tokyo Stock Exchange determines whether the company meets the delisting criteria. The company will make every effort, with all of its officers and employees working together, to have the designation as Securities Under Supervision (Examination) lifted at the earliest possible date.
| Item | Details |
|---|---|
| Event name | Designation as Securities Under Supervision (Examination) |
| Date of occurrence | 16 April 2026 (the date of designation as Securities Under Supervision (Examination)) |
| Subject Entity | 株式会社アクアライン (the filing company) |
| Target Locations / Products | The Company's shares (TSE Growth, code 6173) |
| Cause | Following the correction of the company's financial results for prior fiscal years on 10 January 2025, the company was deemed to have a substantial need to improve its internal management system and related matters. In addition, based on the review of the contents of the Internal Management System Confirmation Report submitted on 29 January 2026 and other information, as well as inquiries, interviews and other procedures conducted by the Tokyo Stock Exchange, the company will meet the delisting criteria if the forthcoming examination finds that its internal management system and related matters have not been appropriately established or are no longer expected to be appropriately operated. |
| Type of litigation or proceeding | Designation as Securities Under Supervision (Examination) by the Tokyo Stock Exchange and examination of whether the company meets the delisting criteria |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Date of filing / date of action | 16 April 2026 (the date of designation as Securities Under Supervision (Examination)) |
| Investigation structure | Inquiries, interviews and other procedures by the Tokyo Stock Exchange, and its examination. The document does not mention a third-party committee, special investigation committee or outside experts. |
| Outlook | The designation will remain in effect until the date on which the Tokyo Stock Exchange determines whether the company meets the delisting criteria. The company will make every effort, with all of its officers and employees working together, to have the designation as Securities Under Supervision (Examination) lifted at the earliest possible date. |
Items this document does not state (15)
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.While the company had been designated as Securities on Special Alert following corrections to its financial results for prior fiscal years, the Exchange determined that, based on the contents of the Internal Management System Confirmation Report and its inquiries, interviews and other procedures, the company may meet the delisting criteria if the forthcoming examination finds that its internal management system has not been appropriately established and operated.