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The Kansai Electric Power Company (9503) · RiskMaterialised

Improper accounting treatment and overbilling of contract fees at KANSO Technos

First written in FY2025-H1. 1 of 1 entries say "Materialised", first in FY2025-H1. Latest entry: FY2025-H1.

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KANSOテクノス overbilling and improper reallocation of commissioned-work costsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2025-H1MaterialisedAnnual report

    「It was discovered that, at KANSOテクノス, a Group company, improper processing had occurred in the settlement report for the Ministry of the Environment's commissioned project, "Comprehensive Study for Ensuring the Proper Implementation of Subsea CCS for Marine Environmental Conservation in Fiscal 2023," including reallocating costs in a manner inconsistent with the facts and overbilling for contracted costs.」

    KANSOテクノス was found to have reallocated costs inconsistently with the facts and overbilled for contracted work commissioned by the Ministry of the Environment. The company is conducting an investigation, determining the causes and implementing measures to prevent recurrence.
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The Kansai Electric Power Company's next results are scheduled for 2026-10-29. Read the earnings preview
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Improper accounting treatment and overbilling of contract fees at KANSO Technos | The Kansai Electric Power Company,Incorporated (9503) | Komori