Improper Accounting Due to Understatement of Cash Back Expenses
First written in FY2025-H1. 2 of 3 entries say "Worsened", first in FY2025. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1WorsenedAnnual report
「The investigation found that the above suspicions involved misstatements caused by fraud in which officers were involved. In addition, because numerous misstatements were found throughout the Group in the financial results from the fiscal year ended April 2020 through the third quarter of the fiscal year ending April 2025, the Company corrected those misstatements this time.」
In addition to overstatement of revenue and other matters in the settlement of agency transactions at a subsidiary, the Company disclosed misstatements caused by fraud involving officers and numerous misstatements throughout the Group from the fiscal year ended April 2020 through the third quarter of the fiscal year ending April 2025. - FY2025WorsenedAnnual report
「Because numerous misstatements were found throughout the Group in the financial results from the fiscal year ended April 2020 through the third quarter of the fiscal year ending April 2025, the Company corrected those misstatements this time.」
The Company stated that, in addition to the understatement of cash-back expenses, numerous misstatements were found throughout the Group from the fiscal year ended April 2020 through the third quarter of the fiscal year ending April 2025 and were corrected. It also indicated that its internal verification remains incomplete and that further misstatements may be identified. - FY2025-H1MaterialisedAnnual report
「The Company discovered that some cash-back payments at its consolidated subsidiary, 株式会社トーシンモバイル, remained unsettled and unrecorded and that balances might contain errors. It therefore established a third-party investigation committee. The investigation found that improper accounting had been carried out through the understatement of cash-back expenses dating back to prior fiscal years.」
The Company stated that the third-party investigation committee's findings identified improper accounting at 株式会社トーシンモバイル due to the understatement, dating back to prior fiscal years, of cash-back expenses that remained unsettled and unrecorded.