Discovery of misconduct by the head of the accounting department and correction of prior-period financial results
First written in FY2018-Q3. 4 of 6 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「In terms of management, the Company is making every effort to strengthen corporate governance and raise compliance awareness among all employees so that misconduct such as that discovered in the previous fiscal year never occurs again.」
On the basis of the misconduct discovered in the previous fiscal year, the Company continues to prevent recurrence and strengthen its systems. - FY2019-Q3RestatedAnnual report
「In terms of administrative controls, even after submitting to the Tokyo Stock Exchange in August a report on the status of improvements describing corrective measures and other actions to prevent a recurrence of the misconduct by the head of the accounting department discovered last year, we continue to work diligently to strengthen corporate governance and raise compliance awareness among all employees.」
On the basis of the misconduct by the head of the accounting department discovered last year, the Company continues to implement measures to prevent recurrence and strengthen its systems. - FY2019-Q2RestatedAnnual report
「To prevent a recurrence of the misconduct by the head of the accounting department discovered last year, we have worked diligently to strengthen the company's corporate governance and raise compliance awareness among all employees, including by completely revamping the structures of the administrative divisions and the Internal Audit Office.」
On the basis of the discovery of misconduct by the head of the accounting department, the Company continues to prevent recurrence and overhaul its systems. - FY2019-Q1RestatedAnnual report
「Following the discovery of misconduct by the head of the accounting department, the Company has continued to implement improvement measures to prevent recurrence.」
On the basis of the discovery of misconduct by the head of the accounting department, the Company continues to implement measures to prevent recurrence. - FY2018AdvancedAnnual report
「The Company determined that improper accounting had been conducted in connection with misconduct including the embezzlement of cash and deposits by its former head of accounting, which was discovered during a tax investigation that began on 27 July 2017. To clarify the full circumstances of the matter, the Company established an investigation committee, acknowledged that matters requiring correction existed in its prior-year financial reporting, determined that its prior-year accounting and related matters should be corrected, and corrected the accounting and related matters as well as its prior-year securities reports and other filings.」
The Company states that it confirmed misconduct, including the embezzlement of cash and deposits, by the former head of accounting, as well as improper accounting, and established an investigation committee and corrected prior-year accounting and its prior-year securities reports and other filings. - FY2018-Q3First statedAnnual report
「Following the discovery of misconduct by the head of the accounting department, the Company has been pursuing efforts to establish the facts, correct prior-year financial results, and formulate and implement measures to prevent recurrence.」
The Company states that misconduct by the head of the accounting department was in fact discovered and that it is proceeding with corrections to prior-year financial results and the formulation and implementation of measures to prevent recurrence.