Decision and Details
Board of DirectorsSubmission of an application for approval to extend the filing deadline for the securities report for the fiscal year ended December 2025 (17th fiscal year)
In addition to investigating the facts concerning the timing of revenue recognition in the accounting treatment for prior fiscal years, new matters requiring confirmation have arisen. The investigation, internal control assessment, closing procedures and additional audit procedures by the accounting auditor require a considerable amount of time, and the audit report cannot be received by the filing deadline.
| Item | Details |
|---|---|
| Matter Covered | Submission of an application for approval to extend the filing deadline for the securities report for the fiscal year ended December 2025 (17th fiscal year) |
| Decision-Making Body | Board of Directors |
| Decision Date | 30 March 2026 |
| Implementation Date | 30 March 2026 (decision to submit and submission of the application for approval) |
| Period Covered | Fiscal year ended December 2025 (from 1 January 2025 to 31 December 2025) |
| Quantity / scale | Extension of the filing deadline from 31 March 2026 to 29 May 2026 (60 days) |
| Reason | In addition to investigating the facts concerning the timing of revenue recognition in the accounting treatment for prior fiscal years, new matters requiring confirmation have arisen. The investigation, internal control assessment, closing procedures and additional audit procedures by the accounting auditor require a considerable amount of time, and the audit report cannot be received by the filing deadline. |
| Governing Rule | Article 15-2, Paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc.; Article 24, Paragraph 1 of the Financial Instruments and Exchange Act |
| Related previous disclosures | “Notice Concerning Postponement of the Announcement of Financial Results for the Fiscal Year Ended December 2025,” dated 6 February 2026; “Notice Concerning the Establishment of a Special Investigation Committee,” dated 9 February 2026 |
| Future plans | If the application is approved, the filing deadline will be 29 May 2026. The timing of disclosure of the financial results summary for the fiscal year ended December 2025 and the filing of the securities report will be announced promptly once determined or after approval. |
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.New matters requiring confirmation arose during the investigation by the Special Investigation Committee into accounting treatment in prior fiscal years. The investigation, internal control assessment, closing procedures and additional audit procedures by the accounting auditor require additional time, and the audit report cannot be received by the filing deadline.