The Securities and Exchange Surveillance Commission has forcibly investigated related parties by the 6th, saying that the former vice president of a consulting company that is listed on the Tokyo Stock Exchange Prime and supports corporate shareholders is suspected of being involved in insider trading. I found out by interviewing the people concerned.
Those who received the compulsory investigation were related to the former vice president of the consulting company "IR Japan Holdings" in Chiyoda-ku, Tokyo.
According to the people concerned, the former vice president is suspected of being involved in insider trading that buys and sells stocks based on inside information before the announcement, so the Securities and Exchange Surveillance Commission will finance the related parties by the 6th. It means that he was forced to investigate on suspicion of violating the Commodity Trading Law.
The transaction in question is suspected to have been made in connection with information on a downward revision of earnings released last April.
The former vice president resigned on the 3rd of this month due to personal reasons.
This company is engaged in consulting services such as dealing with corporate shareholders, and sales in the fiscal year ended March 31, March, amounted to approximately 8.4 billion yen.
IR Japan Holdings commented, "We sincerely apologize for the concern and inconvenience caused to the concerned parties. We will fully cooperate with the investigation."