Japan

The exchange found that the company breached the pledge in its new-listing oath and disclosed false information: a side letter concealed by the former chief executive meant effectively free transactions were booked as paid sales, sales were pulled forward into fiscal 2020 and earnings figures from fiscal 2020 onward were misstated.

The FSA cites weak management and supervision of its life insurance subsidiaries, insufficient compliance resources and conduct-risk controls, and weak internal audit. An improvement plan is due by 30 November 2026, with quarterly progress reports.

Same suspension period as Prudential Life (13 October 2026 to 31 January 2027) and a business improvement order. The FSA cites repeated cash misconduct by sales staff, including unrelated investment solicitation and personal loans, commission and award systems that favoured sales results, partial or absent oversight by branch managers, and customer data taken by departing staff.

Sales solicitation and contract conclusion are suspended from 13 October 2026 to 31 January 2027, apart from operations the FSA approves for policyholder protection. The FSA cites recurring cash mishandling by commission-paid sales staff, including unrelated investment solicitation and personal lending, and improper handling of customer data. An improvement plan is due by 30 November 2026, with progress reports every three months.

The exchange cited a disclaimer of conclusion in the auditor's interim review report and serious internal control failures, including after-the-fact creation of board documents and unapproved conflict-of-interest transactions.

The exchange found breaches of the timely disclosure rules and urgent weaknesses in internal controls, linked to improper sales recognition and expense deferral in the media business including subsidiary Hoken Ichiba. It also judged earlier improvement reports insufficient.

Surcharge of 6.56 million yen payable by 17 November 2026; the respondent admitted the facts and the amount after proceedings began on 12 June 2026.

Surcharge for omitting required information from its securities report, payable by 17 November 2026. The respondent admitted the facts and the amount. The SESC English topics page reports that the omission concerned related-party transactions.

Surcharge for false statements in quarterly reports and related filings, payable by 17 November 2026. The respondent admitted the facts and the amount after hearing proceedings opened on 19 June 2026.

After deliberation by Japan Exchange Regulation, the exchanges found the firm sold US ETFs as NISA-eligible when they were not, refused transfers out of custody of domestic listed shares, failed to review at least 1,531 declined account applicants for suspicious transactions and had weak system and cyber risk controls. No fine; a business improvement report is required, with no deadline stated.

The PPC found KDDI's mail system, which it built for several internet service providers, lacked adequate access controls and layered defences after an intrusion discovered on 17 June 2026 exposed IDs and passwords of 12,231,954 people, 7,616,173 of them in plaintext. KDDI must report recurrence-prevention measures by 19 October 2026; some unnamed internet service providers also received guidance.

The exchange found a disclaimer of conclusion on the interim review report, stemming from accounting for a real estate fund run by a main subsidiary, and weak parent oversight of that subsidiary.

The exchange found that earnings disclosures from the year ended February 2024 to the third quarter of the year ended February 2026 were false after the company was drawn into circular transactions led by a major customer. It found no evidence of collusion and no fine was imposed.

The exchange found that the company breached the declaration in its new-listing application: management allowed early or deferred revenue recognition and the listing documents and public offering used false financial figures.

The exchange found that the company breached the declaration made when it moved to the Prime Market in 2023, including inaccurate explanations about a trademark deal with a related party, and that it no longer met the market-change criteria on governance and internal control.

The FSA suspended one accountant for four months from 27 May 2026 and another for one month from 1 July 2026, citing earlier tax accountant business suspensions imposed by the Minister of Finance. Names are withheld on the page.

The exchange found false disclosures from Q3 FY2023 to Q3 FY2025, after a former chief financial officer overrode controls and moved company funds to personal accounts. No fine was imposed.

The exchange found false disclosures from FY March 2024 to Q2 FY March 2026 because a subsidiary had not recorded provisions for product defect costs. No fine was imposed.

The exchange found that the company failed to maintain systems for proper business operations, citing accounting irregularities across group sites identified by an independent committee and pressure from the former chief executive.

The exchange found breaches of the timely disclosure rules after fictitious transactions in a subsidiary's advertising agency business made earnings reports from fiscal 2023 to the first half of fiscal 2026 false, overstating revenue by about 225.6 billion yen on a cumulative basis.

The exchange found improper accounting at the parent and several subsidiaries, with top management involved, and that false explanations were given to the auditor and the investigation committee. It judged the internal control failures serious enough to damage market trust.

The Kanto Local Finance Bureau revoked the firm's registration as a financial instruments business operator because it could not confirm where the registered business office was located. The page states no penalty.

Surcharge for false statements in securities reports and related filings, payable by 27 April 2026. The respondent admitted the facts and the amount; the SESC had recommended the order on 14 January 2026, citing improper accounting treatment by the company and a consolidated subsidiary.

The PPC found the city lacked safeguards over family register and resident registry data and delayed reporting the incident. A former tax division employee misused official systems from January 2023 to obtain data on 14 relatives; the incident was discovered in November 2024. The city had to report on remedial measures by 31 March 2026.

Surcharge for false statements in securities reports and related filings, payable by 30 March 2026. The respondent admitted the facts and the amount.

Surcharge for false statements in securities reports and related filings, payable by 30 March 2026. The respondent admitted the facts and the amount.

Surcharge for insider trading by an employee of a company with a contract with Toyoda Gosei Co., Ltd., payable by 30 March 2026. The respondent accepted the facts and the amount.

Surcharge of 1.24 million yen payable by 18 February 2026; the respondent admitted the facts and the amount after proceedings began on 17 October 2025.

Surcharge of 620,000 yen payable by 18 February 2026; the respondent admitted the facts and the amount after proceedings began on 17 October 2025.

Surcharge for deceptive trading using special dummy orders (the SESC recommended it on 17 October 2025), payable by 18 February 2026. The respondent admitted the facts and the amount.

On an SESC recommendation of 18 November 2025, the Bureau revoked the firm's registration and ordered it to explain to customers, transfer or close accounts and return assets, with a progress report by 9 January 2026. It found breach of an earlier improvement order, involvement of a person who met a registration-denial criterion, a false statement in answer to a reporting order and management lacking the required knowledge and experience.

The FSA suspended four accountants from 5 November 2025 (one for four months, three for three months) because the Minister of Finance had earlier suspended their tax accountant business; the page removes their names after the suspension ends.

The FSA found governance and compliance failures, long-running payments to and loans for antisocial forces, a series of other misconduct and false reports and answers to the regulator. It suspended new lending to new customers from 17 November to 16 December 2025 and required revised improvement plans by 14 November 2025 and quarterly progress reports.

The PPC found the company kept supplying personal data to buyers after police warned in April 2024 and May 2025 that it may reach fraud groups: 37 transactions covering about 490,000 individuals and 5 covering about 110,000. It recommended stopping the conduct and corrective measures, with monthly reports on third-party provision for one year.

Tokyo District Court issued a prohibition and stay order on the SESC's petition of 25 April 2025. The SESC alleged unregistered offering, intermediation and management of interests in foreign collective investment schemes.

The PPC found the company sold personal data from May 2023 to October 2024 to buyers it suspected might misuse it, some of which reached a special fraud group, and kept third-party provision records for only some transfers. It ordered the company to stop and set up controls by 30 May 2025, and recommended proper Art. 29 records.

Guidance to four non-life insurers over obtaining other insurers' policyholder data from agencies, inadequate security control and failure to supervise agencies. Reports on remedial measures were due by 30 May 2025.

Guidance to four non-life insurers over obtaining other insurers' policyholder data from agencies, inadequate security control and failure to supervise agencies. Reports on remedial measures were due by 30 May 2025.

Guidance to four non-life insurers over obtaining other insurers' policyholder data from agencies, inadequate security control and failure to supervise agencies. Reports on remedial measures were due by 30 May 2025.

Guidance to four non-life insurers over obtaining other insurers' policyholder data from agencies, inadequate security control and failure to supervise agencies. Reports on remedial measures were due by 30 May 2025.