Decision and Details
Board of DirectorsSubmission of an application for approval to extend the filing deadline for the annual securities report for the 53rd Fiscal Year (Fiscal Year Ending March 2026)
Investigations remain ongoing into corrections to prior-year financial results, determination of the amounts affecting the consolidated financial statements and financial statements for prior years, whether additional impairment losses on goodwill and fixed assets should be recognized, tax expenses and other consequential effects, suspected improper conduct relating to quality, and unpaid customs duties. The related financial closing procedures and accounting audit procedures are also expected to require additional time.
The impact on business performance of suspected improper conduct relating to quality must be investigated in detail. If additional customs duties are identified, their accounting impact will need to be examined.
| Item | Details |
|---|---|
| Matter Covered | Submission of an application for approval to extend the filing deadline for the annual securities report for the 53rd Fiscal Year (Fiscal Year Ending March 2026) |
| Decision-Making Body | Board of Directors |
| Decision Date | 29 June 2026 |
| Implementation Date | 29 June 2026 (submission of the application for approval completed; completed) |
| Period Covered | 53rd Fiscal Year (Fiscal Year Ending March 2026) (from 1 April 2025 to 31 March 2026) |
| Quantity / scale | Original filing deadline: 30 June 2026; filing deadline if approved: 30 September 2026 |
| Impact on Business Performance | The impact on business performance of suspected improper conduct relating to quality must be investigated in detail. If additional customs duties are identified, their accounting impact will need to be examined. |
| Reason | Investigations remain ongoing into corrections to prior-year financial results, determination of the amounts affecting the consolidated financial statements and financial statements for prior years, whether additional impairment losses on goodwill and fixed assets should be recognized, tax expenses and other consequential effects, suspected improper conduct relating to quality, and unpaid customs duties. The related financial closing procedures and accounting audit procedures are also expected to require additional time. |
| Governing Rule | Article 15-2, paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc. |
| Related previous disclosures | “Notice Regarding Consideration of an Application for Approval to Extend the Filing Deadline for the Annual Securities Report for the 53rd Fiscal Year (Fiscal Year Ending March 2026),” dated 16 June 2026; “Notice Regarding Suspected Improper Conduct Relating to Quality at Our Company and Group Companies and the Establishment of an Investigation Committee Composed of External Experts,” dated 13 May 2026 |
| Future plans | If the application is approved, the approval will be disclosed promptly. The investigation by the investigation committee is scheduled to be completed by the end of August 2026. If approved, the filing deadline for the annual securities report will be 30 September 2026. |
Items this document does not state (1)
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.Investigations remain ongoing into corrections to prior-year financial results based on the findings of the investigation committee, the effects of impairment losses and tax expenses, suspected improper conduct relating to quality, and unpaid customs duties. The subsequent financial closing procedures and accounting audit are also expected to require additional time.