Embezzlement and misconduct by an employee of an overseas subsidiary
First written in FY2025-H1. 1 of 3 entries say "Materialised", first in FY2025-H1. Latest entry: FY2026.
2 other companies' latest entry also says "Other".
- FY2026Lower recognition of related investigation costsAnnual report
「Fees payable to external specialists and others for investigation costs related to misconduct involving the embezzlement of funds by an employee of a consolidated subsidiary are recorded as special investigation costs and other expenses.」
Although the recording of investigation costs related to embezzlement by an overseas subsidiary's employee continued, special investigation costs and other expenses decreased from ¥62 million in the previous fiscal year to ¥6 million in the current fiscal year. - FY2025Full-year recognition of related costsAnnual report
「Extraordinary losses increased by ¥528 million from the previous fiscal year to ¥707 million, up 295.7% year on year, due to the recording of, among other items, a ¥464 million loss on the reduction of fixed asset acquisition costs related to the reduction entry for fixed assets acquired with the aforementioned subsidy, ¥62 million in special investigation costs and other expenses related to occupational embezzlement at PROCESS LAB.MICRON VIETNAM CO.,LTD., a subsidiary overseas, ¥26 million in expenses related to a memorial service for the company's former honorary chairman, Yoshiki Kagami (各務 芳樹), and ¥113 million in provision expense for dismantling and removal costs expected to arise in the future.」
The company states that ¥62 million in special investigation costs and other expenses related to occupational embezzlement at an overseas subsidiary were recorded for the full year. - FY2025-H1MaterialisedAnnual report
「As the company recorded investigation costs and ¥54 million in legal fees related to occupational embezzlement at an overseas subsidiary as extraordinary losses, interim net income attributable to owners of the parent was ¥291 million, down 21.6% year on year.」
Occupational embezzlement occurred at an overseas subsidiary, and investigation costs and ¥54 million in legal fees, among other expenses, were recorded as extraordinary losses.