Notice Regarding Designation as Securities Requiring Special Attention by the Tokyo Stock Exchange and the Demand for Listing Agreement Penalties

Overview of the IR Event

Wel-Dish.Incorporated announced that on September 28, 2026 it received notification from the Tokyo Stock Exchange that its shares had been designated as securities requiring special attention and that the exchange would demand penalties under the listing agreement. The company directs readers to JPX’s official website for detailed information and reasons. In addition, based on the independent investigation committee’s final report received on August 3, the company is proceeding to formulate recurrence-prevention measures, reorganize and strengthen governance and internal control systems, and is committed to restoring the trust of shareholders and investors.

Future Response and Impact

The designation as a security requiring special attention and the decision to demand penalties underscore the importance of rebuilding the company’s governance and internal controls; publication of concrete implementation plans for recurrence-prevention measures will be key. Because the disclosure does not specify the effectiveness or implementation status of such measures nor direct financial impacts, many uncertainties remain. It will be necessary to monitor for updates to IR information and any additional explanations.