Governance structure
Company with an Audit and Supervisory CommitteeThe company recognized material weaknesses requiring disclosure in its internal control over financial reporting and decided not to express its assessment results for the fiscal year ending March 2026. It also described the status of measures to prevent recurrence.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Nomination Committee, Compensation Committee (proportion of outside members: Not disclosed) |
| Changes this time | The company recognized material weaknesses requiring disclosure in its internal control over financial reporting and decided not to express its assessment results for the fiscal year ending March 2026. It also described the status of measures to prevent recurrence. |
Items this document does not state (5)
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 by a third-party committee and others revealed numerous instances of accounting fraud, including in prior fiscal years, as well as errors in matters such as country-of-origin labeling for exports to the United States. The company explained that the impact on company-wide internal controls was material and extensive, and that some personnel-related remedial measures had not been completed, making it unable to express its assessment results.