Governance structure
The Company received notification from the Tokyo Stock Exchange of the designation of its shares as Securities on Special Alert effective 25 July 2026 and the imposition of a listing agreement violation penalty. The Company stated that it would work to further strengthen its governance and internal control systems.
| Item | Details |
|---|---|
| Committee | An internal investigation committee comprising external experts was established. However, the proportion of external committee members is Not disclosed. |
| Changes this time | The Company received notification from the Tokyo Stock Exchange of the designation of its shares as Securities on Special Alert effective 25 July 2026 and the imposition of a listing agreement violation penalty. The Company stated that it would work to further strengthen its governance and internal control systems. |
Items this document does not state (6)
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.The Company received a notification from the Tokyo Stock Exchange. The notice directs readers to the Japan Exchange Group website for the specific reasons for the designation and imposition of the penalty. It also explains that the Company received an interim review report from its accounting auditor stating that no conclusion would be expressed on the interim consolidated financial statements in its semi-annual report, and that it has established an internal investigation committee and begun an investigation to dispel the concerns that led to this.