Correction of Prior-Period Financial Results and Disclosures Due to Unrecorded Cost of Sales
First written in FY2023-Q3. 1 of 3 entries say "Dropped", first in FY2025. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025DroppedAnnual reportThe fact that prior-year financial results and disclosures were corrected due to omitted cost-of-sales entries is not stated in this annual securities report.
- FY2024-Q1Workload arising from corrective measuresAnnual report
「The number of placements fell sharply because a certain amount of work was allocated to investigating and rebuilding business processes in connection with the correction of prior-year financial results announced on 20 January 2023.」
The investigation and rebuilding of business processes associated with the correction of prior-year financial results created an operational workload and contributed to the substantial decline in the number of placements. - FY2023-Q3First statedAnnual report
「As stated in the notice dated 20 January 2023 titled Notice Regarding Corrections to Prior-Year Financial Results and other notices, the Group discovered that some cost of sales had not been recorded. It corrected its financial results from the fiscal year ended March 2018 onward, submitted amended securities registration statements and amended reports for its annual securities reports, quarterly securities reports and internal control reports from the fiscal year ended March 2020 onward to the Kanto Local Finance Bureau on 14 February 2023, and made amended disclosures of its summary financial results from the fiscal year ended March 2022 onward.」
It is disclosed for the first time that omitted cost-of-sales entries were discovered and that corrected disclosures were made for financial results from the fiscal year ended March 2018 onward, the respective reports from the fiscal year ended March 2020 onward, and summary financial results.