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https://www.fsa.go.jp/news/r3/shouken/20220616-1.html
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This page announces the Financial Services Agency's decision to order MTG Co., Ltd. to pay an administrative monetary penalty for false statements in quarterly reports. Based on the inspection results from the Securities and Exchange Surveillance Commission, MTG violated the Financial Instruments and Exchange Act. MTG submitted a response acknowledging the violation and the penalty amount. The agency ordered MTG to pay 3.66 million yen to the national treasury by August 17, 2022. The decision was made following the hearing officer's recommendation under the relevant provisions of the law.
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