The Japan Financial Services Agency issued a decision ordering Kusim Co., Ltd. to pay an administrative surcharge after the Securities and Exchange Surveillance Commission recommended action following inspections that identified false statements in the company’s securities reports. The order, made under Article 185-6 of the Financial Instruments and Exchange Act, requires payment of JPY 12 million to the national treasury by 30 March 2026. Adjudication proceedings were commenced on 12 December 2025.
Japan Financial Services Agency 2026-01-29
Japan Financial Services Agency orders Kusim Co to pay JPY 12 million surcharge over false statements in securities reports
The Japan Financial Services Agency has ordered Kusim Co., Ltd. to pay a JPY 12 million administrative surcharge by 30 March 2026, following the Securities and Exchange Surveillance Commission's findings of false statements in the company's securities reports.