Funds Diverted from an Overseas Subsidiary Due to Fraudulent Instructions
First written in FY2024-Q1. 3 of 4 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2024.
Takano moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
9 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「Remittance fraud loss at overseas subsidiary － 85,607」
Regarding the cash outflow caused by fraudulent instructions from an overseas subsidiary, a ¥85.607 million remittance fraud loss was recorded as an extraordinary loss for the full fiscal year. - FY2024-Q3MaterialisedAnnual report
「Remittance fraud loss at overseas subsidiary － 84,023」
Regarding the incident involving funds transferred out of an overseas subsidiary based on fraudulent instructions, the company actually recorded a loss of ¥84.023 million as an extraordinary loss for the cumulative third quarter. - FY2024-Q2Update to estimated lossAnnual report
「The fiscal second-quarter closing date of the subsidiary is 30 June, and because the company uses the subsidiary's financial statements as of that date in preparing its quarterly consolidated financial statements, the loss arising from this incident is scheduled to be recorded as an extraordinary loss in the third quarter of the fiscal year ending March 2024. <Overview> Estimated loss: approximately ¥83 million Date of incident: 7 July 2023」
Regarding the incident involving funds transferred out of an overseas subsidiary based on fraudulent instructions, the company disclosed an estimated loss of approximately ¥83 million and plans to record an extraordinary loss in the third quarter. The estimate was updated from approximately ¥80 million previously. - FY2024-Q1MaterialisedAnnual report
「An incident occurred at an overseas subsidiary in which funds were transferred out based on fraudulent instructions from a malicious third party.」
On 7 July 2023, an incident involving funds being transferred out occurred at an overseas subsidiary. The estimated loss was approximately ¥80 million. A report was filed with the investigative authorities, cooperation with the investigation and procedures to preserve and recover the funds were under way, and the loss was scheduled to be recorded as an extraordinary loss in the current consolidated fiscal year.