Source disclosure: February 12, 2026
SUNWELS Co., Ltd. [9229.T]
TOKYO, Feb 12 (Pulse News Wire) – Sunwels CO.,LTD. (9229.T) announced today that its board of directors approved the acceptance of a ¥1 billion donation from President Yoichi Mieda aimed at strengthening the company's financial foundation.
The donation will result in a special gain being recorded in the third quarter of fiscal year 2026. In a related development, SUNWELS reported significant losses due to revenue declines stemming from restructuring efforts following an investigation into improper medical claims. In fiscal year 2025, the company incurred a net loss of ¥925 million. During the third quarter of fiscal year 2026, a quarterly net loss of ¥2.055 billion was also recorded. The donation comes after a series of regulatory actions and corrections made in response to the findings of an independent committee established to address irregularities in the company’s operations.
Key decisions included revising past financial statements and implementing measures to prevent future occurrences. To ensure fairness and protect minority shareholders' interests, the decision was reviewed by an independent committee comprising five outside directors who concluded that accepting the donation would not harm minority shareholders’ interests. The donation process adheres strictly to corporate governance policies outlined in the Corporate Governance Report disclosed on June 26, 2025. SUNWELS expects to record the donation income as a special gain in its third-quarter results for fiscal year 2026. Any necessary adjustments to the previously announced annual earnings forecast will be communicated promptly.
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