TS TECH Co., Ltd.
Notice of Establishment of Internal Investigation Committee and Postponement of Announcement of Second Quarter (Interim) Financial Results for the Fiscal Year Ending March 2027
An internal investigation committee has been established to investigate issues related to inventory at TSNT. The announcement of the second quarter financial results for the fiscal year ending March 2027 has been postponed pending investigation progress. The scope of impact is undetermined; the investigation results may affect financial results.
Key Figures
- Postponement of financial results announcement
- Establishment of internal investigation committee
- Possible changes to disclosed information depending on investigation progress
AI要約
Overview and Background of the Matter
An internal investigation committee has been established in response to issues concerning the accounting treatment of inventory at TSNT, a consolidated subsidiary in the Americas. At this time, discrepancies between book balances and physical inventory, and the possibility that inventories that have been discarded or are unlikely to be used were recorded, have been pointed out. Verification of the facts and careful evaluation are ongoing.
Future Actions and Impact
Based on consultations between the internal investigation committee and the accounting auditor, additional time is required to finalize the interim consolidated financial statements; therefore, the financial results announcement scheduled for 2026-11-13 will be postponed. Any impact on financial results will be disclosed depending on the investigation findings. After receiving the investigation report, the company will promptly disclose it and take necessary actions.
TS TECH Co., Ltd.
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