Suspected legal violations at a subsidiary and establishment of a third-party committee
株式会社もしあん少額短期保険 (the subsidiary concerned)
The total amount of damages has not yet been determined. The impact on consolidated results and prior-year financial statements and other information is currently under review (no figures or units provided).
The impact on consolidated results and prior-year financial statements and other information is currently under review. If any matters requiring disclosure are identified, they will be promptly announced. No explicit revision to the earnings forecast has been stated.
Company response
The establishment of a third-party committee was approved on 2 November 2026. The committee chair is Tetsuya Ohno (大野徹也), attorney and Certified Fraud Examiner, Seigetsu Law Office. The committee members are Daisuke Yoshimori (吉森大輔), attorney and Certified Fraud Examiner, Seigetsu Law Office, and Hidetada Seki (関秀忠), attorney, Hokuto General Law Office.
Investigation into the causes of the misconduct, including organizational and structural causes relating to governance, internal controls and the audit structure, and recommendations for measures to prevent recurrence relating to those causes
Related procedures
Kanto Local Finance Bureau (reporting authority)
The company and the subsidiary concerned will report to the Kanto Local Finance Bureau and provide full cooperation to the third-party committee, with the protection of policyholders and insured persons as their highest priority. The investigation is expected to conclude in approximately 2 to 3 months.
A timely disclosure will be made promptly once the investigation period is determined. The investigation results and response policy are also scheduled to be announced promptly after the report is received.
| Item | Details |
|---|---|
| Event name | Suspected legal violations at a subsidiary and establishment of a third-party committee |
| Date of occurrence | 6 October 2026 (the date on which the suspected legal violations came to light) |
| Date recognized / date notice received | 6 October 2026 (the date on which the concerns involving the subsidiary's current adviser, formerly its Representative Director and President, came to light) |
| Subject Entity | 株式会社もしあん少額短期保険 (the subsidiary concerned) |
| Amount of Impact on Business Performance | The total amount of damages has not yet been determined. The impact on consolidated results and prior-year financial statements and other information is currently under review (no figures or units provided). |
| Impact on Earnings Forecast | The impact on consolidated results and prior-year financial statements and other information is currently under review. If any matters requiring disclosure are identified, they will be promptly announced. No explicit revision to the earnings forecast has been stated. |
| Court or authority | Kanto Local Finance Bureau (reporting authority) |
| Investigation structure | The establishment of a third-party committee was approved on 2 November 2026. The committee chair is Tetsuya Ohno (大野徹也), attorney and Certified Fraud Examiner, Seigetsu Law Office. The committee members are Daisuke Yoshimori (吉森大輔), attorney and Certified Fraud Examiner, Seigetsu Law Office, and Hidetada Seki (関秀忠), attorney, Hokuto General Law Office. |
| Measures to prevent recurrence | Investigation into the causes of the misconduct, including organizational and structural causes relating to governance, internal controls and the audit structure, and recommendations for measures to prevent recurrence relating to those causes |
| Outlook | The company and the subsidiary concerned will report to the Kanto Local Finance Bureau and provide full cooperation to the third-party committee, with the protection of policyholders and insured persons as their highest priority. The investigation is expected to conclude in approximately 2 to 3 months. |
| Planned follow-up disclosure | A timely disclosure will be made promptly once the investigation period is determined. The investigation results and response policy are also scheduled to be announced promptly after the report is received. |
Items this document does not state (14)
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.Because it was determined that an investigation ensuring objectivity and independence was necessary to clarify the facts, analyze the causes and formulate measures to prevent recurrence.