The Nikkei announced that it had overbilled for advertising in THE NIKKEI MAGAZINE, an advertising supplement distributed with its morning newspaper, and had improperly received several tens of millions of yen each from 2 advertisers. The matter covers a total of 29 issues distributed in the Tokyo metropolitan and Kansai areas from 2022 to 2026, with the inflated circulation reaching approximately 2.5 million copies.
Nikkei Inc. announced that it had overbilled for advertising in a supplement inserted into and distributed with its morning newspaper. Improper receipt of payments from 2 advertisers has been confirmed. The company said that the motive and whether there was any organizational involvement are currently under investigation.
The overstatement covered a total of 29 buyout issues distributed in the Kanto and Kansai areas from 2022 to 2026. The company said the inflated circulation amounted to approximately 2.5 million copies.
According to the Public Relations Office of Nikkei Inc., the matter remains under investigation and the company is working to verify the facts. Nikkei Inc. said on its official website that it would make every effort to restore trust.