{"id":114914,"date":"2026-09-17T16:11:32","date_gmt":"2026-09-17T07:11:32","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8894-20260917-02_wp_disclosure_update\/"},"modified":"2026-09-17T16:11:32","modified_gmt":"2026-09-17T07:11:32","slug":"8894-20260917-02_wp_disclosure_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20260917-02_wp_disclosure_update\/","title":{"rendered":"Notice on Change of Implementation Schedule for Formulation of Improvement Plan"},"content":{"rendered":"<p>Publicizing a change in implementation policy after designation as a watchlisted stock. Establishment of a Special Investigation Committee and revision of the improvement plan formulation policy, aiming for timely disclosure by mid-October 2026. The revised schedule includes receipt of the Special Investigation Committee&#8217;s findings and submission timing for the improvement plan and status report.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8894","jir_company_name":"REvolution Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/8894-20260917-02.pdf","jir_short_summary":"Publicizing a change in implementation policy after designation as a watchlisted stock. Establishment of a Special Investigation Committee and revision of the improvement plan formulation policy, aiming for timely disclosure by mid-October 2026. The revised schedule includes receipt of the Special Investigation Committee's findings and submission timing for the improvement plan and status report.","jir_summary":"### Background and changes\nAfter receiving designation as a watchlisted stock by the Tokyo Stock Exchange, we publicly stated our policy to formulate an improvement plan to enhance governance and internal control systems, but we have now decided to change its implementation schedule. The main reason is that the interim review points from the accounting auditor and uncertainties in the accounting treatment of related buyback transactions pointed to deficiencies in internal control. We will establish a new Special Investigation Committee to conduct cause investigation and formulate improvements, and aim for timely disclosure by mid-December 2026.\n\n### Outlook and disclosure\nAfter receiving the Special Investigation Committee's findings, we will proceed with consideration of preventative measures, drafting of the improvement plan and status report, and investigations aided by external organizations. If the schedule is delayed, we will promptly disclose, and we expect to complete the submission of the final improvement plan and status report and timely disclosure by mid-December 2026.","jir_financial_highlights":"Unknown: Unknown (Unknown)","jir_category":"","jir_hashtags":"","jir_key_figures":"Establishment and appointment of the Special Investigation Committee (completed)\nScheduled date for receipt of investigation results: 2026-10-31 (planned)\nTimely disclosure of the improvement plan and status report: mid-December 2026","jir_meta_title":"\u3010REvolution\u3011Notice of Change in Implementation Schedule for Improvement Plan Policy | September 2026","jir_meta_description":"The company designated as a watchlisted stock outlines key points of changing its internal control improvement plan policy and implementation schedule. It specifies the establishment of a Special Investigation Committee and future schedule.","jir_og_title":"\u3010REvolution\u3011Notice of Change in Improvement Plan Policy","jir_og_description":"Revising governance improvement policy after designation as a watchlisted stock, announcing the establishment of a Special Investigation Committee and a new schedule. Also mentions disclosure policy in case of delays.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59617,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-114914","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice on Change of Implementation Schedule for Formulation of Improvement Plan - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20260917-02_wp_disclosure_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20260917-02_wp_disclosure_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20260917-02_wp_disclosure_update\/\",\"name\":\"Notice on Change of Implementation Schedule for Formulation of Improvement Plan - 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