Source disclosure: February 12, 2026
TOHO HOLDINGS CO.,LTD. [8129.T]
TOKYO, Feb 12 (Pulse News Wire) – Toho Holdings CO.,LTD. (8129.T) rejected a shareholder lawsuit seeking damages totaling ¥38 billion related to antitrust violations involving its subsidiaries.
The suit, filed by 3D WH Opportunity Master, alleged that 16 executives failed to prevent bid-rigging activities and neglected to establish internal controls to prevent such actions., the company's audit committee concluded after thorough investigations that there was insufficient evidence to pursue legal action against the named individuals. The committee determined that none of the executives had actively participated in the bid-rigging activities nor had they recognized or could reasonably recognize the misconduct occurring within their organization.
In response to the findings, TOHO Holdings stated it remains committed to enhancing corporate governance and increasing enterprise value. Since November 2025, the company’s Strategic Management Committee has been reviewing strategies for maximizing long-term corporate value, incorporating external perspectives.
Results of these efforts are scheduled for publication in April 2026.
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