HASEKO Corporation
Receipt of Cease-and-Desist Order and Surcharge Payment Order from the Japan Fair Trade Commission
HASEKO Reform was subject to an investigation by the Japan Fair Trade Commission on suspicion of violating the Antimonopoly Act and has received a cease-and-desist order and a surcharge payment order. The surcharge after a 25% reduction is 329.37 million yen. The company will implement recurrence-prevention measures and strengthen internal controls. An extraordinary loss related to the surcharge (329 million yen) is expected to be recorded as non-operating loss in this interim consolidated period, but there is no revision to the full-year earnings forecast.
Key Figures
- Surcharge amount: 329.37 million yen (after 25% reduction)
- Surcharge payment deadline: 2027-04-30
- Subject company: HASEKO Reform (a subsidiary of HASEKO Corporation)
- Expected recording of non-operating loss in interim consolidated accounting period: related to the surcharge
AI要約
Overview of the Matter and Our Response
HASEKO Reform received an on-site inspection by the Japan Fair Trade Commission on suspicion of violating the Antimonopoly Act in relation to large-scale repair works in the Kanto area, and has received a cease-and-desist order and a surcharge payment order. An independent external investigation committee has been established, and the Group will proceed with strengthening compliance and implementing recurrence-prevention measures. Going forward, HASEKO Reform's sales structure will be overhauled and guidance and supervision of implementation status will be conducted.
Disciplinary Actions and Future Management Structure
The Chairman resigned, the President voluntarily returned part of his remuneration, and disciplinary actions were decided for relevant officers and employees. These measures aim to prevent recurrence and clarify management responsibility.
HASEKO Corporation
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