The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Notice Regarding the Formulation of a Medium-Term Management Plan
Open the original document① Page 8, Review of the Previous Medium-Term Management Plan — Performance: Fiscal year ended January 2026 actuals, sales and ordinary profit margin; ② Page 11, “Ascentech Vision2030” business plan: graph of 26/1 actual sales
The correction offsets sales and cost of sales and has no impact on profit or loss.
In recognizing revenue, the Company recognizes revenue from agent transactions on a net basis, representing the amount equivalent to the commission. It was newly discovered that some transactions that should originally have been recorded on a net basis had been recorded on a gross basis.
| Item | Details |
|---|---|
| Disclosure subject to correction | Notice Regarding the Formulation of a Medium-Term Management Plan |
| Original disclosure date | 17 March 2026 |
| Location of correction | ① Page 8, Review of the Previous Medium-Term Management Plan — Performance: Fiscal year ended January 2026 actuals, sales and ordinary profit margin; ② Page 11, “Ascentech Vision2030” business plan: graph of 26/1 actual sales |
| Reason for correction | In recognizing revenue, the Company recognizes revenue from agent transactions on a net basis, representing the amount equivalent to the commission. It was newly discovered that some transactions that should originally have been recorded on a net basis had been recorded on a gross basis. |
| Impact on Business Performance | The correction offsets sales and cost of sales and has no impact on profit or loss. |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.It was newly discovered that some agent transactions that should originally have been recorded on a net basis had been recorded on a gross basis. The correction from principal transactions to agent transactions offsets sales and cost of sales, and the Company explains that there will be no impact on profit or loss.