HIS, together with its group companies, has announced measures to prevent the recurrence of fraudulent receipts of employment adjustment subsidies.
An investigation by a special investigation committee revealed that out of 29 companies examined, 15 had “improper receipts” due to unintentional errors in applications, while 3 companies were found to have “fraudulent receipts” due to intentional actions.
Among the three companies found to have fraudulent receipts, executive instructions were recognized at Cruise Planet and Number One Travel Shibuya. At Europe Express, no executive instruction was recognized.
As measures to prevent recurrence, the company cited fostering compliance awareness, strengthening group governance, reviewing internal controls in public subsidy applications, enforcing labor management, promoting awareness and utilization of internal reporting systems, and reviewing internal audit systems.
Sanctions on related executives were also announced. President and CEO Motofumi Yada will have his monthly salary reduced by 50% for five months. Executive Managing Director Masayuki Oda will face a 50% reduction for three months, while Executive Director Tatsuya Nakamori and Director Jun Yamanoe will each see a 10% reduction for three months. Sanctions for related individuals in consolidated subsidiaries are under consideration and will be announced once decided.
