Air Water Inc. confirmed involvement of top management in inappropriate accounting practices and resolved disciplinary measures including voluntary reduction of monthly compensation for the President and other related 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/4088-20260403-04.pdf","jir_short_summary":"Air Water Inc. confirmed involvement of top management in inappropriate accounting practices and resolved disciplinary measures including voluntary reduction of monthly compensation for the President and other related parties.","jir_summary":"### Clarification of Responsibility and Details of Disciplinary Actions\nFollowing the investigation by a special investigative committee, Air Water Inc. identified inappropriate accounting practices, acknowledging involvement of top management and the management team. Based on deliberations and recommendations from external experts, the Board of Directors resolved that the President & CEO voluntarily forgo 100% of monthly compensation for three months; directors 50%; and full-time audit & outside directors 20% for the same period. Executive officers and representatives of involved group companies will also be strictly disciplined.\n\n### Impact on Shareholders and Investors and Apology\nThe company takes this situation very seriously and deeply apologizes to shareholders, investors, and other stakeholders for the significant inconvenience and concern caused. Moving forward, it intends to sincerely address the recommendations in the investigation report and rigorously implement measures to prevent recurrence. There is no disclosure of specific financial impact or figures, and the announcement focuses mainly on the disciplinary actions.","jir_financial_highlights":"President & CEO Monthly Compensation Forfeiture Rate: 100% (3 months)\nDirectors' Monthly Compensation Forfeiture Rate: 50% (3 months)\nFull-time Audit & Outside Directors' Monthly Compensation Forfeiture Rate: 20% (3 months)","jir_category":"","jir_hashtags":"#AirWaterInc, #DisciplinaryActions, #GeneralIR","jir_key_figures":"President & CEO Monthly Compensation Forfeiture Rate: 100% (3 months)\nDirectors' Monthly Compensation Forfeiture Rate: 50% (3 months)\nFull-time Audit & Outside Directors' Monthly Compensation Forfeiture Rate: 20% (3 months)","jir_meta_title":"Air Water Resolves Voluntary Compensation Forfeitures by Top Management Involved in Inappropriate Accounting","jir_meta_description":"Air Water Inc. confirmed top management involvement in inappropriate accounting practices, with the President & CEO and others voluntarily forfeiting monthly compensation. The company commits to thorough recurrence prevention and offers an apology to shareholders.","jir_og_title":"Air Water Announces Disciplinary Actions Against Involved Parties","jir_og_description":"Top management subjected to compensation forfeiture due to inappropriate accounting issues. Apologies extended to shareholders and investors, with efforts focused on recurrence prevention.","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-38893","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n