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Occurring Fact9173Tokai Kisen Co.,Ltd.Transportation and Logistics

Notice Regarding Administrative Disciplinary Action Concerning a General Passenger Regular Route Service Business

The Kanto Regional Transport Bureau of the Ministry of Land, Infrastructure, Transport and Tourism imposed an administrative penalty suspending the use of the company’s 3 vessels for 20 days, from 9 October through 28 October 2026.

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Administrative action concerning the general passenger regular route business (order suspending the use of vessels)

Subject Entity

Tokai Kisen Co.,Ltd.

Target Locations / Products

Tachibana Maru, Seven Islands Yui, Seven Islands Tomo

Occurrence2 October 2026 (date of administrative action)
Same day
Awareness or receipt of notice2 October 2026
Same day
Litigation / administrative action2 October 2026 (date of administrative action)
This disclosure10/02/2026
Cause

Failure to comply with provisions concerning the safety management regulations and pre-departure inspections, including watchkeeping duties performed while under the influence of alcohol and false entries in alcohol test records and pre-departure inspection records

Company response

Suspended operations

Suspension of the use of Tachibana Maru, Seven Islands Yui and Seven Islands Tomo from 9 October through 28 October 2026

Investigation structure

Establishment of a special investigation committee comprising external experts

Measures to prevent recurrence

Steadfast execution of the improvement plan and thorough rebuilding of the safety management system and prevention of recurrence

Amount of Impact on Business Performance

No amount has been disclosed; currently under review

Impact on Earnings Forecast

The impact of this administrative action on the company group’s results is currently under review. The company will promptly disclose any matters requiring disclosure.

Related procedures

Type

Administrative action (order suspending the use of vessels)

Court or authority

Kanto Regional Transport Bureau, Ministry of Land, Infrastructure, Transport and Tourism

Outlook

The company will make safety operations its highest priority, steadily execute the improvement plan, thoroughly rebuild the safety management system and prevent recurrence, while working to secure transportation capacity to the extent possible.

Planned follow-up disclosure

The company will promptly disclose any matters requiring disclosure.

Event that occurred
ItemDetails
Event nameAdministrative action concerning the general passenger regular route business (order suspending the use of vessels)
Date of occurrence2 October 2026 (date of administrative action)
Date recognized / date notice received2 October 2026
Subject EntityTokai Kisen Co.,Ltd.
Target Locations / ProductsTachibana Maru, Seven Islands Yui, Seven Islands Tomo
CauseFailure to comply with provisions concerning the safety management regulations and pre-departure inspections, including watchkeeping duties performed while under the influence of alcohol and false entries in alcohol test records and pre-departure inspection records
Amount of Impact on Business PerformanceNo amount has been disclosed; currently under review
Impact on Earnings ForecastThe impact of this administrative action on the company group’s results is currently under review. The company will promptly disclose any matters requiring disclosure.
Type of litigation or proceedingAdministrative action (order suspending the use of vessels)
Court or authorityKanto Regional Transport Bureau, Ministry of Land, Infrastructure, Transport and Tourism
Date of filing / date of action2 October 2026 (date of administrative action)
Suspended operationsSuspension of the use of Tachibana Maru, Seven Islands Yui and Seven Islands Tomo from 9 October through 28 October 2026
Investigation structureEstablishment of a special investigation committee comprising external experts
Measures to prevent recurrenceSteadfast execution of the improvement plan and thorough rebuilding of the safety management system and prevention of recurrence
OutlookThe company will make safety operations its highest priority, steadily execute the improvement plan, thoroughly rebuild the safety management system and prevent recurrence, while working to secure transportation capacity to the extent possible.
Planned follow-up disclosureThe company will promptly disclose any matters requiring disclosure.
Items this document does not state (9)
Accounting period in which recognizedPlaintiffDefendantClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionScheduled resumption dateDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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.

An on-site inspection confirmed that watchkeeping duties were performed while under the influence of alcohol, alcohol test records and pre-departure inspection records contained false entries, and provisions concerning the safety management regulations and pre-departure inspections were not followed.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Administrative Disciplinary Action Concerning a General Passenger Regular Route Service Business | Tokai Kisen Co.,Ltd. (9173) timely disclosure | Komori