Resolution to suspend transactions with business partner ジー・プラン株式会社
VALUE CREATION CO.,LTD. (the entity that resolved to suspend the transactions), ジー・プラン株式会社 (business partner)
Affiliate advertising transactions with ジー・プラン株式会社
The Company comprehensively considered the risks associated with continuing transactions following the public disclosure of suspicions of improper transactions, including fictitious transactions, relating to the advertising agency business of ジー・プラン株式会社. Areas for improvement were also identified in the Company's transaction management system and internal controls.
The impact amount has not been determined. The accounting treatment of the full ¥215 million in receivables from ジー・プラン株式会社 will be determined in consultation with the accounting auditor. Sales to the company in the fiscal year ended February 2026 were ¥372,153 thousand, representing 10.7% of total sales. The amount of any extraordinary loss or other such item is Not disclosed.
If the Company's results are expected to vary further from the earnings forecasts disclosed on 20 February 2026, the Company will make a timely disclosure.
¥215 million (the full amount of receivables from ジー・プラン株式会社; the accounting treatment will be determined in consultation with the accounting auditor)
Company response
Transactions with ジー・プラン株式会社 (affiliate transactions)
A special investigation committee comprising external independent professionals, including attorneys and certified public accountants, was established to investigate the facts. The name of the chairperson and the establishment date are Not disclosed.
Preventing recurrence and strengthening the internal management system, and reviewing policies for selecting and managing business partners
The policy regarding the accounting treatment of the full amount of receivables from ジー・プラン株式会社 will be determined after consultation with the accounting auditor. If the Company's results are expected to vary further from the earnings forecasts, the Company will make a timely disclosure.
If the Company's results are expected to vary further from the earnings forecasts, the Company will make a timely disclosure. The specific date is Not disclosed.
| Item | Details |
|---|---|
| Event name | Resolution to suspend transactions with business partner ジー・プラン株式会社 |
| Date of occurrence | 8 May 2026 (the date on which the Board of Directors resolved to suspend transactions) |
| Subject Entity | VALUE CREATION CO.,LTD. (the entity that resolved to suspend the transactions), ジー・プラン株式会社 (business partner) |
| Target Locations / Products | Affiliate advertising transactions with ジー・プラン株式会社 |
| Cause | The Company comprehensively considered the risks associated with continuing transactions following the public disclosure of suspicions of improper transactions, including fictitious transactions, relating to the advertising agency business of ジー・プラン株式会社. Areas for improvement were also identified in the Company's transaction management system and internal controls. |
| Amount of Impact on Business Performance | The impact amount has not been determined. The accounting treatment of the full ¥215 million in receivables from ジー・プラン株式会社 will be determined in consultation with the accounting auditor. Sales to the company in the fiscal year ended February 2026 were ¥372,153 thousand, representing 10.7% of total sales. The amount of any extraordinary loss or other such item is Not disclosed. |
| Impact on Earnings Forecast | If the Company's results are expected to vary further from the earnings forecasts disclosed on 20 February 2026, the Company will make a timely disclosure. |
| Amount of receivables at risk of non-collection or delayed collection | ¥215 million (the full amount of receivables from ジー・プラン株式会社; the accounting treatment will be determined in consultation with the accounting auditor) |
| Suspended operations | Transactions with ジー・プラン株式会社 (affiliate transactions) |
| Investigation structure | A special investigation committee comprising external independent professionals, including attorneys and certified public accountants, was established to investigate the facts. The name of the chairperson and the establishment date are Not disclosed. |
| Measures to prevent recurrence | Preventing recurrence and strengthening the internal management system, and reviewing policies for selecting and managing business partners |
| Outlook | The policy regarding the accounting treatment of the full amount of receivables from ジー・プラン株式会社 will be determined after consultation with the accounting auditor. If the Company's results are expected to vary further from the earnings forecasts, the Company will make a timely disclosure. |
| Planned follow-up disclosure | If the Company's results are expected to vary further from the earnings forecasts, the Company will make a timely disclosure. The specific date is Not disclosed. |
Items this document does not state (12)
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.Following the public disclosure of suspicions of improper transactions, including fictitious transactions, relating to the advertising agency business of ジー・プラン株式会社, the Company reviewed the appropriateness of its transactions and identified areas for improvement in its transaction management system and internal controls. After comprehensively considering the risks associated with continuing the transactions, the Company determined that suspending them was appropriate.