Toho Holdings Co., Ltd.
Notice Regarding Receipt of Letter Concerning the Establishment of a Third-Party Committee from 3D Investment Partners Pte. Ltd. and Submission of Response Letter
Our Outside Directors, in response to the request for establishing a third-party committee from 3D Investment Partners, judged the establishment unnecessary based on the status of governance strengthening measures and submitted a response letter.
AI要約
Key Announcement Details
The Outside Directors of Toho Holdings Co., Ltd., after carefully considering the request from 3D Investment Partners Pte. Ltd. regarding the establishment of a third-party committee related to the Antimonopoly Act violation case, and receiving advice from multiple experts, concluded that the Company's governance and compliance framework is significantly different from that at the time of the incident. Given that recurrence prevention measures and governance strengthening initiatives have been formulated and executed, they determined that establishing a third-party committee is unnecessary and submitted a response letter to that effect on 2025-12-26. Furthermore, based on the final report of the Governance Strengthening Special Committee established in August 2024, the Company has developed 12 specific action policies and is committed to thorough compliance and governance enhancement.
Impact on Investors
With this response, the Company clarified its policy not to dedicate substantial resources to investigating the past Antimonopoly Act violation case but to focus on improving capital efficiency, enhancing governance effectiveness, and reforming personnel strategies and systems. This stance demonstrates a commitment to increasing corporate value and maximizing the shared interests of shareholders. The Company believes that by sincerely continuing to strengthen governance, it will contribute to improving reliability for investors.
