Risk of Prior-Period Corrections and Surcharge Payments Due to Inappropriate Accounting Treatment
First written in FY2023. 3 of 6 entries say "Materialised", first in FY2023. Latest entry: 2026-05-14.
5 other companies' latest entry also says "Mitigated".
- 2026-05-14MitigatedEarnings
「Interim accounting period (from 1 October 2025 to 31 March 2026) No applicable matters.」
No special investigation expenses, expenses related to correcting prior-year financial statements or administrative fines were recognized for the interim period. Related litigation, however, remains ongoing. - FY2025-H1MaterialisedAnnual report
「The Company recorded ¥65.070 million as an extraordinary loss for a surcharge related to false statements in annual securities reports and other filings.」
The surcharge related to the disclosure regulation violation, previously described as a possibility in the prior filing, was actually recorded as an extraordinary loss of ¥65.070 million. - FY2024MitigatedAnnual report
「Against this background, the Company is promoting a major review and strengthening of its management structure to fulfill its social responsibilities as a listed company, including compliance. In October 2024, the Company submitted a report on the status of improvements to the Tokyo Stock Exchange, and will continue to promote the strengthening of its management structure.」
Following the prior-period amendments and inappropriate accounting, the Company disclosed a major review and strengthening of its management structure and the submission of a report on the status of improvements to the Tokyo Stock Exchange. It did not state that the risk had been eliminated. - FY2024-Q2WorsenedAnnual report
「As announced in the notice dated 22 February 2024 titled “Expected Recognition of Extraordinary Losses Related to the Third-Party Committee Investigation and Responses to Prior-Period Financial Statement Amendments,” the Group incurred costs related to the third-party committee investigation and responses to prior-period financial statement amendments during the six months ended in the second quarter of the current consolidated fiscal year, and recorded ¥135.010 million as an extraordinary loss.」
Costs related to the third-party committee investigation into inappropriate accounting and responses to prior-period financial statement amendments were recorded as an extraordinary loss of ¥135.010 million, increasing the impact. - FY2024-Q1MaterialisedAnnual report
「Costs for the third-party committee investigation were incurred in the first quarter of the current consolidated fiscal year, and ¥73.122 million was recorded as an extraordinary loss.」
Costs for the third-party committee investigation into inappropriate accounting were incurred and ¥73.122 million was recorded as an extraordinary loss. The amendment of prior-period annual securities reports and other filings and the risk of surcharges remain ongoing. - FY2023MaterialisedAnnual report
「The Company amended its annual securities reports and other filings for prior periods. As a result, the Company may in the future receive an order from the Financial Services Agency to pay a surcharge for violating disclosure regulations.」
Following the findings of the third-party committee investigation into inappropriate accounting in the recycled-battery business, the Company amended its annual securities reports and other filings for prior periods. The possibility of receiving an order from the Financial Services Agency to pay a surcharge is also disclosed.