Receipt of the Special Investigation Committee’s investigation report
OTＡKE CORPORATION
A portion of the revenue recorded for the fiscal year ended May 2026 (agent transactions and other arrangements)
Issues concerning the appropriateness of revenue recognition related to agent transactions and other arrangements in a portion of the revenue recorded for the fiscal year ended May 2026
Company response
A Special Investigation Committee comprising external experts and the Company's outside directors who serve as Audit and Supervisory Committee members. The chair's name and establishment date are Not disclosed.
The Company will formulate and implement specific measures based on the recommendations for preventing recurrence. The measures will be disclosed promptly once decided.
Fiscal year ending May 2026
Related procedures
Investigation by the Special Investigation Committee
The Company will promptly disclose the investigation report, with certain information withheld to protect individuals' privacy and the confidential information of business partners and others, once preparations are complete. Based on the investigation results, the Company will formulate and implement specific measures.
The partially redacted investigation report and measures to prevent recurrence will be disclosed promptly once preparations are complete or the measures are decided.
| Item | Details |
|---|---|
| Event name | Receipt of the Special Investigation Committee’s investigation report |
| Date of occurrence | 4 September 2026 (the date on which the investigation report was received from the Special Investigation Committee) |
| Date recognized / date notice received | 4 September 2026 |
| Subject Entity | OTＡKE CORPORATION |
| Target Locations / Products | A portion of the revenue recorded for the fiscal year ended May 2026 (agent transactions and other arrangements) |
| Cause | Issues concerning the appropriateness of revenue recognition related to agent transactions and other arrangements in a portion of the revenue recorded for the fiscal year ended May 2026 |
| Accounting period in which recognized | Fiscal year ending May 2026 |
| Type of litigation or proceeding | Investigation by the Special Investigation Committee |
| Investigation structure | A Special Investigation Committee comprising external experts and the Company's outside directors who serve as Audit and Supervisory Committee members. The chair's name and establishment date are Not disclosed. |
| Measures to prevent recurrence | The Company will formulate and implement specific measures based on the recommendations for preventing recurrence. The measures will be disclosed promptly once decided. |
| Outlook | The Company will promptly disclose the investigation report, with certain information withheld to protect individuals' privacy and the confidential information of business partners and others, once preparations are complete. Based on the investigation results, the Company will formulate and implement specific measures. |
| Planned follow-up disclosure | The partially redacted investigation report and measures to prevent recurrence will be disclosed promptly once preparations are complete or the measures are decided. |
Items this document does not state (13)
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 there were issues concerning the appropriateness of revenue recognition related to agent transactions and other arrangements in a portion of the revenue recorded for the fiscal year ended May 2026, an investigation was conducted to ensure expertise and objectivity.