TOKYO, May 01 (Pulse News Wire) – Sanrio Company,ltd. (8136.T) announced today that its board of directors has decided to establish a special investigation committee and delay the release of its fiscal year 2026 results due to ongoing investigations related to improper compensation received by a senior executive from certain group subsidiaries.
The investigation was initiated following allegations that a managing director had received additional remuneration outside of approved channels. To ensure independence and objectivity, the company has appointed an external law firm, Baker & Makkenjii Houritsu Jimusho, to conduct the initial probe. The newly formed committee, chaired by an independent outside director, will further investigate the extent and nature of the alleged misconduct and expand the scope to include similar incidents across the entire group.
The company stated that while the impact on consolidated earnings is currently considered minor, it will promptly disclose any findings that require public notification once the investigation concludes. The planned release date of May 13, 2026, has been postponed due to the need for thorough auditing processes post-investigation. A revised release date will be communicated based on the progress of the investigation.
Sanrio deeply apologizes to shareholders, investors, and stakeholders for any inconvenience caused by this delay.
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