IR Japan Holdings subsidiary under investigation for insider trading

IR Japan Holdings (TSE:6035) announced that the SESC is investigating an employee of its subsidiary for alleged insider trading. The company apologized to clients and stakeholders for the concerns raised by the investigation. This follows an incident in 2022 involving a former executive, prompting IR Japan to strengthen its management framework with measures including prohibiting employees from trading individual stocks and conducting compliance training. Despite these efforts, the company expressed regret over the new investigation and pledged to reinforce preventive measures. IR Japan Holdings plans to appoint two new independent outside directors at its Annual General Meeting on June 17, 2025, increasing the ratio of independent directors to 66% and bolstering corporate governance. The company stated it is fully cooperating with the SESC and will promptly disclose any relevant findings.