Decision and Details
Board of DirectorsSubmission of an application for approval to extend the filing deadline for the annual securities report for the fiscal year ending March 2026
Additional time is required for the third-party committee's investigation into circumstances suggesting the existence of suspected improper payments and other matters at an overseas subsidiary, as well as other accounting, quality and inspection-related issues. The preparation of the financial statements and other documents based on the investigation results and additional audit procedures are also expected to require additional time.
The preparation of the consolidated financial statements and financial statements for the fiscal year ending March 2026 and the internal control report, the preparation of amended reports for prior annual securities reports and other filings, and additional audit procedures and amended audit procedures for prior periods by the accounting auditor are expected to require considerable time. Changes to the earnings forecast: Not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Submission of an application for approval to extend the filing deadline for the annual securities report for the fiscal year ending March 2026 |
| Decision-Making Body | Board of Directors |
| Decision Date | 29 June 2026 |
| Implementation Date | 29 June 2026 (resolution to submit the application for approval; the filing deadline extension will take effect if approved) |
| Period Covered | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Quantity / scale | Filing deadline extended by 3 months (before extension: 30 June 2026; after extension: 30 September 2026) |
| Impact on Business Performance | The preparation of the consolidated financial statements and financial statements for the fiscal year ending March 2026 and the internal control report, the preparation of amended reports for prior annual securities reports and other filings, and additional audit procedures and amended audit procedures for prior periods by the accounting auditor are expected to require considerable time. Changes to the earnings forecast: Not disclosed. |
| Reason | Additional time is required for the third-party committee's investigation into circumstances suggesting the existence of suspected improper payments and other matters at an overseas subsidiary, as well as other accounting, quality and inspection-related issues. The preparation of the financial statements and other documents based on the investigation results and additional 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.; Article 24, Paragraph 1 of the Financial Instruments and Exchange Act |
| Related previous disclosures | Notice Concerning the Establishment of a Third-Party Committee and the Postponement of the Announcement of Financial Results for the Fiscal Year Ending March 2026, dated 27 April 2026 |
| Future plans | If the application for approval to extend the filing deadline is approved, the Company will make a timely disclosure. The filing deadline following approval 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.Additional time is required for the third-party committee's investigation into suspected improper payments and other matters at an overseas subsidiary, as well as other accounting, quality and inspection-related issues. The preparation of the consolidated financial statements, financial statements and internal control report based on the investigation results, the preparation of amended reports for prior annual securities reports and other filings, and additional audits and amended audits by the accounting auditor are also expected to require considerable time, making it difficult to receive the audit report by the deadline.