Notice Regarding Certain Media Reports Concerning a Subsidiary (MAEDA CORPORATION)
Today, certain media outlets reported that an employee of our subsidiary, MAEDA CORPORATION, is alleged to have provided money to a member of the Yatsushiro City Council in connection with a construction project commissioned by Yatsushiro City. We sincerely apologize to our shareholders, investors, and all other stakeholders for the considerable concern and inconvenience caused by these reports.
Our company and MAEDA CORPORATION will continue to cooperate fully with the investigation by the relevant authorities to ascertain the facts surrounding this matter. In light of the potential impact on the investigation, we will refrain from making further comments at this time; however, we will promptly disclose any matters that require public announcement as they become known.
Notice Regarding Certain Media Reports Concerning a Subsidiary (MAEDA CORPORATION)