Writeup shares surge to daily limit on disclosure of preliminary internal investigation report regarding labor ministry subsidy allegations

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Mon Mar 30, 2026 12:50 pm JST Catalyst

Writeup Co.,Ltd. <6580> saw buying interest at the daily limit up of \1,061, up \130 from the previous trading day. After the close of trading on the 27th, the company disclosed that it had received a preliminary version of an internal investigation report in response to media reports alleging that the company had advised client companies on fraudulent receipt of subsidies from the Ministry of Health, Labour and Welfare and received royalties from those clients who fraudulently obtained the subsidies. The investigation was conducted by an internal investigation committee composed of three attorneys. The report found no evidence of violations of the Human Resource Development Support Grant (Business Expansion Reskilling Support Course and Investment in People Promotion Course) requirements, and concluded that the conduct could not be evaluated as "illegal fraudulent receipt" or "subsidy fraud." The report also found no violations of the Act on the Proper Management of Subsidies, the Penal Code (fraud), the Certified Social Insurance and Labor Consultant Act, or any other laws. Following the disclosure, buybacks dominated trading. The company expects to receive the final version of the investigation report in early April.

Source: MINKABU PRESS