SRS Holdings (TYO:8163) confirmed that its board director Satoru Ikeda has been arrested on suspicion of "non-consensual indecent conduct," according to its delayed Tokyo bourse filing on Wednesday.
The company has acknowledged the report and is in the process of urgently verifying the details of the situation.
In the official statement, the company extended its deepest apologies to shareholders, investors, and all stakeholders for the concern and inconvenience the incident has caused.
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