Status of the Investigation by the Internal Investigation Committee
株式会社ＲＥＶＯＬＵＴＩＯＮ, its consolidated subsidiaries WeCapital株式会社 and ヤマワケエステート株式会社 (YE Company)
All funds formed by YE Company
The delayed start of the appointment process for external experts and the fact that the appointments took longer than expected. In addition, there are many matters for which the nature of the transactions cannot be determined based solely on YE Company's internal documents.
Related procedures
Investigation by an internal investigation committee
Company response
An Internal Investigation Committee including external experts was established on 7 July 2026. A contract has been signed with a third-party organization to conduct the forensic investigation.
The forensic investigation is scheduled to be conducted from 17 to 21 August 2026. Interviews with YE Company's business partners are scheduled to be conducted from mid- to late August 2026. The investigation results are expected to be received by the end of August 2026.
The full results will be disclosed promptly via timely disclosure upon receipt.
| Item | Details |
|---|---|
| Event name | Status of the Investigation by the Internal Investigation Committee |
| Date of occurrence | 7 July 2026 (date the Internal Investigation Committee was established) |
| Subject Entity | 株式会社ＲＥＶＯＬＵＴＩＯＮ, its consolidated subsidiaries WeCapital株式会社 and ヤマワケエステート株式会社 (YE Company) |
| Target Locations / Products | All funds formed by YE Company |
| Cause | The delayed start of the appointment process for external experts and the fact that the appointments took longer than expected. In addition, there are many matters for which the nature of the transactions cannot be determined based solely on YE Company's internal documents. |
| Type of litigation or proceeding | Investigation by an internal investigation committee |
| Investigation structure | An Internal Investigation Committee including external experts was established on 7 July 2026. A contract has been signed with a third-party organization to conduct the forensic investigation. |
| Outlook | The forensic investigation is scheduled to be conducted from 17 to 21 August 2026. Interviews with YE Company's business partners are scheduled to be conducted from mid- to late August 2026. The investigation results are expected to be received by the end of August 2026. |
| Planned follow-up disclosure | The full results will be disclosed promptly via timely disclosure upon receipt. |
Items this document does not state (16)
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 start of the appointment process for external experts to the Internal Investigation Committee was delayed, and the appointments took longer than expected. Another reason cited is that many matters cannot be assessed based solely on YE Company's internal documents and require interviews with parties inside and outside the company as well as forensic investigations.