Risk of unauthorized transfers at a financial subsidiary
First written in FY2022-Q1. 1 of 4 entries say "Restated". Latest entry: FY2023-Q2.
No other company in this theme has enough history to compare yet.
- FY2023-Q2MitigatedAnnual report
「• Recovery of ¥22.1 billion in funds related to fraudulent transfers that occurred in the same period of the previous fiscal year at a subsidiary of Sony Life Insurance Co., Ltd. (hereinafter “Sony Life”) (Financial Services)」
Of the ¥16.8 billion loss from unauthorized transfers that occurred in the same period of the previous fiscal year, ¥22.1 billion was recovered during the cumulative second quarter of fiscal 2022, contributing to an increase in operating income. - FY2023-Q1Cited as achievedAnnual report
「The significant increase in profit was due to a significant increase in profit at Sony Life and the reversal of the ¥16.8 billion loss recognized in the same period of the previous fiscal year in connection with fraudulent transfers at a subsidiary of Sony Life.」
The Company reiterated the ¥16.8 billion loss from unauthorized transfers as a historical earnings factor and explained that the increase in profit in the Financial Services segment for the quarter included the reversal of that loss. - FY2022-Q2RestatedAnnual report
「• Temporary loss of ¥16.8 billion at a Sony Life subsidiary (Financial Services)」
The temporary loss of ¥16.8 billion associated with unauthorized transfers at a Sony Life subsidiary was reiterated as a factor affecting operating income for the cumulative three-month period. - FY2022-Q1First statedAnnual report
「Recognition of a temporary loss of ¥16.8 billion at a Sony Life subsidiary due to unauthorized transfers from a bank account in the subsidiary’s name」
The Company disclosed that unauthorized transfers occurred from a bank account of a Sony Life subsidiary and that a temporary loss of ¥16.8 billion was recognized.