Update : Feb. 28, 2013
[Tokyo Stock Exchange, Inc.]
An Improvement Status Report has been made available for public inspection as follows.
|1. Company Name||
Tori Holdings CO.,LTD.
(Code: 5856, Market Division: 2nd Section)
|2.Public Inspection Period||From Mar. 1, 2013 (Fri.) to Aug. 14, 2017 (Mon.)|
Securities Listing Regulations, Rule 503, Paragraph 4
(Public Inspection of Improvement Status Report)
|3.Reason for Submission||
On Jul. 31, 2012, Tori Holdings CO., LTD. (hereinafter, the "Company") announced that it had disclosed earnings information requiring material amendments during the period from the fiscal year ended Mar. 2007 to the fiscal year ended Mar. 2012. This is due to the fact that the Company posted allowance for doubtful accounts related to loans to a former board member, etc. in incorrect accounting periods.
This was a case of inappropriate disclosure arising from deficiencies in the Company’s organizational structure for conducting timely disclosure, and improvements to the organizational structure were deemed highly necessary. As such, TSE required the Company to submit a report containing the background of the issue and improvement measures ("Improvement Report").
As required after six months from the submission of the Improvement Report, the Company has submitted a report on the status of implementation and operation of the improvement measures ("Improvement Status Report").
* After submission of the Improvement Status Report by the Company, in addition to making such report available for public inspection in the Information Terrace in TSE Arrows, it will also be made available on the TSE website and through the TDnet database service.
Information on the systems and frameworks regarding Improvement Reports and such reports that are currently available for public inspection can be found on the following page of the TSE website (http://www.tse.or.jp/listing/kaizen/index.html) (available only in Japanese).
DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Tokyo Stock Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
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