The company published the third-party committee report and announced implementation of recurrence-prevention measures. The committee analyzed the former chairman’s private use, recognizing mingling of public and private matters including use of the underground parking, the 8th-floor lounge, and a driver for personal purposes. The committee’s scope is broader than the board of auditors’ report and it estimated damages equivalent to 259 days of private use. The company will promote thorough recurrence prevention and strengthen supervisory functions. Details are provided in the attached document.<\/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,"price_fetched_at":"","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":"6960","jir_company_name":"Fukuda Denshi Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/6960-20261109-01.pdf","jir_short_summary":"The company published the third-party committee report and announced implementation of recurrence-prevention measures. The committee analyzed the former chairman's private use, recognizing mingling of public and private matters including use of the underground parking, the 8th-floor lounge, and a driver for personal purposes. The committee's scope is broader than the board of auditors' report and it estimated damages equivalent to 259 days of private use. The company will promote thorough recurrence prevention and strengthen supervisory functions. Details are provided in the attached document.","jir_summary":"### Summary of the News\nThe third-party committee reviewed and evaluated the facts concerning the former chairman's mingling of public and private affairs, recognizing private use of the underground parking, the 8th-floor lounge, and other facilities. While reflecting the Board of Auditors' findings, the committee pointed out additional improper expenditures and asset management issues. The committee formulated and published reform measures including stricter expense management, strengthening of the internal reporting system, and ensuring a majority of outside directors. The effectiveness of these measures will be verified over approximately one year.\n\n### Background and Future Measures\nThe committee found that the founding family's long-standing influence, concentration of authority, and corporate culture issues had eroded the organization. The recurrence-prevention measures focus on changing the mindset of top management, strengthening supervisory functions, and enhancing internal controls, with particular emphasis on correcting the concentration of functions in the Secretariat. The plan includes establishing a reform committee with external experts, enhancing coordination between auditors and the internal audit department, and promoting regular internal training.","jir_financial_highlights":"Estimated total damages from former chairman's private use: Unknown (Unknown)\nRepayment amount (as agreed with the Board of Auditors): 154,497,155 yen (Settled)","jir_category":"","jir_hashtags":"#FukudaDenshi, #InternalControl, #ConflictOfInterest, #GovernanceStrengthening","jir_key_figures":"154,497,155 yen: Amount of improper damages attributed to the former chairman as recognized by the Board of Auditors\n259 days: Total number of days the committee recognized as private use\nRepayment amount: 154,497,155 yen repaid (as disclosed by the Board of Auditors)","jir_meta_title":"Fukuda Denshi Co., Ltd. \u2014 Publication of Third-Party Committee Report and Recurrence-Prevention Measures | November 2026","jir_meta_description":"Fukuda Denshi Co., Ltd. published the third-party committee's investigation report detailing the former chairman's mingling of public and private matters, use of parking and lounge facilities, damage estimates, and the content and implementation plan for recurrence-prevention measures. Key points are summarized for investors.","jir_og_title":"Fukuda Denshi Co., Ltd. \u2014 Third-Party Committee Report Publication and Recurrence-Prevention Measures | November 2026","jir_og_description":"Announcement of the third-party committee report publication and formulation of recurrence-prevention measures. Explains findings on the former chairman's mingling of public and private matters, estimated damages, and plans to strengthen internal control.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8718,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-145811","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n