undertaking derivatives business without license. In combating and suppressing against illegitimate businesses, the SEC also alerts investors in this matter and strongly advises them to check whether the

this case also revealed that there were weaknesses in UBS?s internal control and compliance systems which failed to detect the irregularities in this matter which had continued for over nine months. The

enforcement, for better understanding of stakeholders and target groups. Rulemaking is a tangible start for all parties involved in any particular matter to self-adjust in order to achieve respective goals, and

efficiency improvement in concurrent with financial stability enhancement. It is not only a matter of survival but also that of creating a strong foundation and paving the way to be a leader in their

from February 1, 2013.From the report in this matter, the SEC probed into the case and found that {A}, {B}, {C}, and {D}, had used client accounts to trade securities for themselves. They also borrowed

news release is as of the aforementioned release date. For those who wish to see current status of the matter, please go to compliant filed with inquiry officer

. Country Company-operated Stores Licensed Stores Total United States 10 - 10 United States (Hawaii) - 1 1 Thailand 13 - 13 Japan 15 (50% JV) 16 31 South Korea - 2 2 Singapore - 3 3 Kuwait - 1 1 UAE - 1 1

improve forecasting and purchasing practices. Country Company-operated Stores Licensed Stores Total United States 10 - 10 United States (Hawaii) - 1 1 Thailand 13 - 13 Japan 15 (50% JV) 16 31 South Korea

merchandise, gourmet food and beverage in the United States . As of 31 December 2018, the Company has company-operated stores and licensed stores as follows. In the future, the Company has a plan to focus on

, decreased by 23% as compared to 2017. This was due to closure of a total of four stores and decrease in the sales of merchandise, gourmet food and beverage in the United States . As of 31 December 2018, the