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This page announces the Financial Services Agency's decision to order Kyosha Corporation to pay an administrative monetary penalty for market manipulation. Based on inspection results from the Securities and Exchange Surveillance Commission, judicial proceedings were initiated on July 5, 2022. The respondent acknowledged the violations under the Financial Instruments and Exchange Act and agreed to pay the penalty. The FSA ordered the company to pay 4.15 million yen to the national treasury, with a payment deadline of November 2, 2022.
