Source disclosure: January 23, 2026

nms Holdings Corporation [2162.T]

TOKYO, Jan 23 (Pulse News Wire) – nms Holdings Corporation (2162.T) announced today that its board of directors has established an independent special investigation committee to examine past losses incurred by its consolidated subsidiary. The committee will investigate the factual circumstances surrounding the loss, assess similar incidents, verify the impact on consolidated financial statements, analyze causes, and propose preventive measures.

The company previously disclosed in December 2025 that a loss had occurred due to past transactions and was improperly accounted for in previous fiscal years. Since then, internal investigations and discussions with accounting auditors have taken place. However, the company now believes that an external review would ensure objectivity and impartiality.

The committee consists of three members: Chairperson Yuko Matsubara, a lawyer from Hiufumi Law Firm; Fumihisa Noda, a certified public accountant from KIC Co.; and Akira Takagi, another certified public accountant from KIC Co. Regarding the third quarter earnings report for the fiscal year ending March 2026, which is currently scheduled for release in early February, the company stated that publication might be delayed if additional time is needed to finalize the results based on the committee's findings. Any significant developments during the investigation process will be promptly disclosed.

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