TSI Holdings Co.,Ltd.
Notice Regarding Voluntary Recall of Sold Products
We have decided to voluntarily recall some pedal-equipped electric two-wheelers sold since around 2021 due to supplier’s falsification of legal compliance. The affected sales amount to approximately 100 million JPY, and the impact is expected to be minor.
Key Figures
- Affected Sales: Approximately 100 million JPY (both quantity and amount under review)
- Products Subject to Voluntary Recall: SUPER73 SG1, SUPER73 ZX, ARCHON DESIGN -TR1, and many others
- Impact Outlook: Minor effect expected on consolidated full-year results for the February 2026 and February 2027 periods
AI要約
Overview of Facts and Background
Regarding the pedal-equipped electric two-wheelers sold since around 2021, it was discovered that our supplier, Legalys Co., Ltd., falsely represented compliance with domestic legal standards upon delivery. The representative was referred to prosecutors on suspicion of fraud but was cleared without indictment on March 31, 2026. The affected products may be treated as mopeds, requiring licenses or registration for use; therefore, prioritizing safety, we decided on a voluntary recall with refund or repair options.
Recurrence Prevention Measures and Future Outlook
We plan to strengthen the legal compliance verification process at product introduction, review the internal audit system for product labeling and sales methods, and enhance supplier management. The financial impact is under review, but we expect only a minor effect on consolidated full-year results for the February 2026 and 2027 periods and will disclose promptly as necessary.
