Air Water Inc. resolved detailed recurrence prevention measures on April 3, 2026, centered on four pillars: corporate culture reform, governance reform, reconstruction of management foundation\/internal control, and reviewing the business portfolio, in response to issues related to inappropriate accounting 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/4088-20260403-02.pdf","jir_short_summary":"Air Water Inc. resolved detailed recurrence prevention measures on April 3, 2026, centered on four pillars: corporate culture reform, governance reform, reconstruction of management foundation\/internal control, and reviewing the business portfolio, in response to issues related to inappropriate accounting practices.","jir_summary":"### Overview of Recurrence Prevention Measures\nBased on the Special Investigation Committee Report published on March 31, 2026, Air Water Inc. acknowledged inappropriate accounting practices and involvement of top management, and formulated recurrence prevention measures in four pillars: corporate culture reform, governance reform, reconstruction of management foundation\/internal control, and review of overall corporate strategy (business portfolio review), which were resolved by the Board of Directors. Specifically, measures include strengthening compliance, enhancing the whistleblower system, reinforcing the supervisory function of the Board of Directors, establishing a financial and accounting officer position, strengthening the accounting department functions, and enhancing the internal audit function.\n\n### Governance Enhancement and Organizational Restructuring\nThe Board Chairperson will be changed to an independent outside director to strengthen supervisory and check-and-balance functions. Increase in outside directors and appointment of directors overseeing administrative divisions are planned. Measures to prevent excessive concentration of personnel authority in top management and enhancement of the Audit & Supervisory Board's audit functions will be implemented. The accounting department will strengthen its structure by increasing and reallocating specialized personnel, with thorough management of subsidiaries. The Internal Audit Office aims to expand to a 50-member team within fiscal 2026, utilizing external experts as well. Company-wide education and training will be intensified to improve transparency and soundness.","jir_financial_highlights":"Occurrence of Inappropriate Accounting Practices: Unknown (Unknown)\nEstablishment of Financial and Accounting Officer: Established in March 2026 (Newly Established)\nInternal Audit Office Staffing Increase Plan: Planned increase from 16 to 50 members by fiscal 2026 (Significant Increase)","jir_category":"","jir_hashtags":"#AirWaterInc, #RecurrencePreventionMeasures, #GovernanceReform, #InternalControlEnhancement, #JapaneseStocks","jir_key_figures":"Establishment of Financial and Accounting Officer: March 2026\nInternal Audit Office Staffing Increase Plan: Expand from 16 to 50 members (by end of fiscal 2026)\nPlanned Increase of Outside Directors: 2 additional members scheduled at June 2026 General Meeting of Shareholders","jir_meta_title":"Air Water Inc. Resolves Detailed Recurrence Prevention Measures to Strengthen Governance and Internal Controls","jir_meta_description":"In response to inappropriate accounting issues, Air Water Inc. resolved detailed recurrence prevention measures on April 3, 2026, including corporate culture reform, governance reform, and reconstruction of management foundation. Plans also include increasing outside directors and significantly expanding the internal audit office.","jir_og_title":"Air Water Inc. Resolves Recurrence Prevention Measures to Enhance Governance","jir_og_description":"Following inappropriate accounting issues, Air Water Inc. has formulated recurrence prevention measures focusing on corporate culture reform and strengthening internal controls.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7860,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-38891","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n