Buffalo (6676) · RiskMaterialised

Fraudulent Transfers and Accounting Record Falsification by Employee of Consolidated Subsidiary

First written in FY2022-Q3. 1 of 1 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2022-Q3.

1entries

1years

0from disclosures

How it moved

Same theme, other companies

Embezzlement of Funds and Other Misconduct by Employees of a Consolidated SubsidiaryA theme 13 companies write about · 13 as a headwind · 0 as a tailwind

Buffalo moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.

2 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.

Full recordFilings, disclosures and news, newest first

FY2022-Q3MaterialisedAnnual report
「It was discovered that an accounting employee of a consolidated subsidiary had abused their position to repeatedly make unauthorized transfers from the company's bank account to their own bank account since 2017, and had falsified accounting records, including by recording fictitious expenses.」
Unauthorized transfers and falsification of accounting records by an accounting employee of a consolidated subsidiary since 2017 were discovered. The company has recorded ¥98 million in unauthorized transfers identified to date, ¥72 million in adjustments to prior-period expenses and other items, and ¥27 million in corporate income taxes and other taxes.

Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next

No upcoming earnings preview for Buffalo yet.

News

No news is linked to this thread yet. When an article touches it, it will appear here by date.