Source disclosure: January 16, 2026
SUNWELS Co., Ltd. [9229.T]
TOKYO, Jan 16 (Pulse News Wire) – Sunwels CO.,LTD. (9229.T) announced today that its audit committee has commissioned an independent external investigation by attorney Daikichi Kawabata of Sakurahashi Law Office to examine discrepancies found in documents submitted during its initial listing review process on the Prime Market.
The discrepancies relate to the reported usage of company-owned vehicles by executives. In December 2025, the company received feedback suggesting potential misrepresentations in the documentation provided to external reviewers. Following up on this, the audit committee engaged an outside legal expert to conduct a thorough investigation, analyze root causes, and recommend preventive measures against future occurrences.
The investigation is scheduled to conclude by the end of February 2026, though this timeline could adjust based on findings. Upon completion, Sunwels plans to promptly disclose the results through a formal report. The company extends sincere apologies to stakeholders for any inconvenience caused by this situation.
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