Dualtap Co., Ltd.
Notice Regarding Revocation of Real Estate Transaction Business License
The Company announced that the Governor of Tokyo has issued a revocation of its real estate transaction business license. The reason for the sanction is a disqualifying condition arising from a director's criminal conviction and the fact that they were within the suspended sentence period. As a result of the license revocation, the Company cannot perform new real estate transaction business. Already concluded contracts will continue to be handled appropriately. The Company plans to proceed with resignation and preparations for license reacquisition. The impact on financial results is currently being examined.
Key Figures
- Key Figure 1: Revocation of Real Estate Transaction Business License (Revocation of Tokyo Governor (4) No. 86482)
- Key Figure 2: Date of Sanction 2026-10-05
- Key Figure 3: Measures based on the resignation of the director and preparations for reacquisition
AI要約
Overview of the Matter and Reasons
The Company received a notice dated October 5, 2026, that the Governor of Tokyo has revoked its real estate transaction business license. The reason for the sanction is that one outside director (member of the Audit and Supervisory Committee) received a guilty verdict for negligent driving resulting in injury and was within the suspended sentence period, which constitutes a disqualifying condition. The license revocation is due to administrative procedural reasons and is not the result of a statutory violation in the conduct of real estate transaction business itself.
Future Measures and Impact
Going forward, the Company will proceed with necessary procedures based on the resignation of the relevant director and prepare for reacquisition of the real estate transaction business license. The Company will review the suitability verification for officers and strengthen the permit and approval management system. The Company will confirm laws and contractual terms and respond appropriately to already concluded contracts. The impact on business performance is currently being examined, and any additional disclosures will be made promptly if decided.
Dualtap Co., Ltd.
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