SRS Holdings director resigns after arrest

SRS Holdings announced today, September 16, 2025, the resignation of board director Satoru Ikeda, who also served as executive officer and head of corporate strategy division and head of SRS group store development division. His resignation is effective immediately.

The resignation follows a "report on the arrest of our board director" dated September 2, 2025, which prompted Ikeda to offer his resignation from positions within both the company and its subsidiaries. The board of directors deliberated and accepted his resignation on September 16, 2025.

SRS Holdings expressed deep regret over the incident and extended apologies to all stakeholders for the loss of social trust. The company stated its commitment to strengthening its governance system through the board of directors and audit and supervisory committee, and to preventing future recurrences by enhancing compliance education for all officers and employees. Inquiries regarding this matter can be directed to Mashin Kodama, head of corporate planning department.