Source disclosure: February 27, 2026, 15:30 JST
Abalance Corporation [3856.T]
TOKYO, Feb 27 (Pulse News Wire) – Abalance Corporation (3856.T) announced its strategy to develop an improvement plan aimed at addressing internal management issues highlighted by the Tokyo Stock Exchange (TSE). Following the TSE's designation of the company as a special attention stock on January 31, 2026, due to concerns about its internal controls, Abalance plans to implement corrective measures based on recommendations from external investigations.
The company outlined its approach, which includes reviewing findings from the third-party committee’s report released on December 17, 2025, and the verification committee’s report scheduled for release around March 10, 2026. Key steps involve restructuring leadership, with two CEOs, one director, and one outside audit committee member stepping down.
Additionally, Abalance expects to receive recommendations from the verification committee by early March to further refine its organizational structure. Improvement efforts will proceed according to the following timeline: - Reviewing preventive measures based on the third-party committee’s report: December 17, 2025 to February 27, 2026 - Announcing the improvement plan strategy: February 27, 2026 - Drafting the improvement plan proposal: From February 27, 2026 to mid-April 2026 - Submitting the draft plan to the Japan Exchange Group’s self-regulatory organization: Mid-April 2026 (planned) - Implementing changes in governance through a special shareholders' meeting: April 10, 2026 (planned) - Providing periodic updates on progress: Late May 2026 (planned) In addition to leadership changes, Abalance conducted an internal review of accounting discrepancies since late January 2026, preparing for potential corrections to past financial reports.
The company remains committed to transparency and timely communication should there be any delays or modifications to the planned schedule.
AI-translated content. 🟢 Confidence: High See terms • Original filing