TOKYO, May 15 (Pulse News Wire) – AI Storm CO.,LTD. (3719.T) announced today that its board of directors, convened on May 15, 2026, decided to establish a special investigation committee due to potential inappropriate transactions involving used Rakku Baibai Torihiki identified through external feedback.
The committee, chaired by an independent outside director, will investigate past dealings with trading partners to determine the validity of the reported issues. Its primary roles include examining the factual circumstances surrounding past transactions, investigating any improper deals, verifying accounting treatments related to the targeted transactions, and reporting findings to the audit committee and board of directors. The committee comprises three members: Chairman Terai Yoshiyoshi, an outside director and certified public accountant; Ito Takashi, a partner at Myodo Law Office; and Manabe Asahi, a certified public accountant and tax advisor from Tax Accountants Association Takano.
They are tasked with ensuring independence and impartiality throughout the investigation process. Regarding the impact on the company's performance, AI Storm currently believes the effects are minor but will promptly disclose any significant findings based on the committee’s future investigations. The company pledged full cooperation with the committee and promised timely updates on progress and results.
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