Japan Financial Services Agency issued an order requiring Wilco Holdings Co., Ltd. to pay a JPY 27 million administrative surcharge following a Securities and Exchange Surveillance Commission recommendation based on inspections into false statements in the company’s securities reports and related filings. The surcharge must be paid to the national treasury by April 27, Reiwa 8 (2026). The order follows trial proceedings opened on January 21, Reiwa 8 (2026), during which the respondent submitted a statement covering the relevant facts and the surcharge amount under the Financial Instruments and Exchange Act. An adjudicating judge then submitted a draft decision under the Act, which formed the basis for the final surcharge payment order.
Japan Financial Services Agency 2026-02-26
Japan Financial Services Agency orders Wilco Holdings to pay JPY 27 million surcharge for false securities report statements
Japan Financial Services Agency ordered Wilco Holdings Co., Ltd. to pay a JPY 27 million administrative surcharge due to false statements in securities reports, as recommended by the Securities and Exchange Surveillance Commission. The order follows trial proceedings and a draft decision under the Financial Instruments and Exchange Act.