What was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Internal Control Report for the 16th fiscal period (1 March 2023 to 28 February 2024), Internal Control Report for the 17th fiscal period (1 March 2024 to 28 February 2025)
3. Matters Concerning Evaluation Results
We determined that the internal controls over financial reporting were effective.
We determined that this constituted a material weakness requiring disclosure and that the internal controls over financial reporting were not effective.
All necessary adjustments attributable to the material weakness requiring disclosure have been reflected in the financial statements.
The controls at the Company for verifying the existence of transactions did not function sufficiently in connection with this GP transaction.
| Item | Details |
|---|---|
| Disclosure subject to correction | Internal Control Report for the 16th fiscal period (1 March 2023 to 28 February 2024), Internal Control Report for the 17th fiscal period (1 March 2024 to 28 February 2025) |
| Location of correction | 3. Matters Concerning Evaluation Results |
| Details of correction | We determined that the internal controls over financial reporting were effective. → We determined that this constituted a material weakness requiring disclosure and that the internal controls over financial reporting were not effective. |
| Reason for correction | The controls at the Company for verifying the existence of transactions did not function sufficiently in connection with this GP transaction. |
| Impact on Business Performance | All necessary adjustments attributable to the material weakness requiring disclosure have been reflected in the financial statements. |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Based on the findings of the Special Investigation Committee, the Company amended its financial statements for prior fiscal periods concerning transactions whose existence could not be verified. As a result, the internal controls for verifying the existence of transactions had not functioned sufficiently.