Contents of this filing
Errors were identified in the figures in the initially published financial results summary, and material revisions and corrected disclosures were made in the course of the audit procedures. The Company disclosed that material deficiencies existed in the internal controls over the financial closing, financial reporting and inventory management processes.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Changes this time | Errors were identified in the figures in the initially published financial results summary, and material revisions and corrected disclosures were made in the course of the audit procedures. The Company disclosed that material deficiencies existed in the internal controls over the financial closing, financial reporting and inventory management processes. |
Items this document does not state (7)
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.The personnel responsible for financial closing procedures, including inventory counts, lacked sufficient expertise and staffing, and a structure had not been established to secure the time required to verify inventory counts, financial closing procedures and the preparation of disclosure documents. In addition, the review function of the Finance and Accounting Department did not operate adequately, and the development and operation of controls to ensure the accuracy of complex accounting treatments and disclosure documents were insufficient. As these deficiencies were identified after the fiscal year-end, corrective measures could not be completed by the fiscal year-end.