SG Holdings Co.,Ltd.
Notice Regarding Expiry of Bonded Warehouse Permit at Our Subsidiary
SG Holdings’ consolidated subsidiary SGH Global Japan failed to renew its bonded warehouse permit, which expired on January 31, 2026. The impact on business performance is expected to be minor.
Key Figures
- Bonded Warehouse Permit Expiry Date: 2026-01-31
- Date of Notification of Disciplinary Action: December 2025
- Impact on Business Performance: Falls within minor impact criteria
AI要約
Overview of the Incident and Disciplinary Action
SGH Global Japan Co., Ltd., a consolidated subsidiary of SG Holdings, was found by Tokyo Customs inspections in June 2025 to have handled imported cargo at the Tokyo Logistics Center bonded warehouse without obtaining the chief customs officer’s approval, constituting a violation of Article 67 of the Customs Act. Consequently, a notification of disciplinary action was received in December 2025. As a result, the bonded warehouse permit was not renewed and expired on January 31, 2026. SGH Global Japan has paid a penalty amount pursuant to the Customs Act.
Recurrence Prevention Measures and Future Response
The cause was identified as employee disregard for compliance and personnel shortages and lead time pressures due to increasing cross-border e-commerce cargo. Recurrence prevention measures currently underway include revising operational procedure manuals, reorganizing organizational structure, amending personnel systems, strengthening education, and enhancing governance frameworks. After the expiry of the bonded warehouse permit, service continuity will be ensured by outsourcing to partner companies and handling cargo at alternative locations. The impact on the fiscal year ending March 2026 earnings is expected to be minor.
