名古屋電機工業株式会社

Based on the results of an investigation into insider trading involving an employee of Nagoya Denki Kogyo Co., Ltd., a recommendation was made for a surcharge payment order. Subsequently, a decision was made to initiate an administrative hearing procedure. The respondent submitted a statement acknowledging the facts listed in Article 178, Paragraph 1, Item 16 of the Financial Instruments and Exchange Act and the amount of surcharge payable. In response, the presiding officer proposed a draft decision to order the payment of the surcharge pursuant to Article 185-6 of the Act. Accordingly, a final decision was made.