Abalance has pushed the release of its third-quarter and full-year results for the year to March 2026 from late June to late August, and its board has also decided to consider a 62-day extension for the filing deadline on its 27th securities report.
| Item | Timing or status | What it means |
|---|---|---|
| Results release for the year to March 2026 | Moved from late June to late August 2026 | Covers both third-quarter and full-year results |
| Investigation report on Abit | Expected June 30, 2026; public release planned for early July | Starts management's assessment and follow-up audit work |
| Securities report filing | 62-day extension under consideration, with filing targeted by August 31, 2026 | Company says it may file sooner if past-year corrections are unnecessary |
| U.S. solar-shipment loss | Estimated at ¥3bn to ¥5bn; final amount expected around late August | Two shipments remain under CBP review |
Why the calendar moved
The company says the delay stems from an investigation into former subsidiary Abit, which merged into Abalance on March 31, 2025. The investigation report is now expected on June 30, with public disclosure planned for early July, after slipping from the earlier late-May expectation. Only once that report arrives can Abalance assess whether the findings change its financial statements and hand that analysis to its auditor for extra work before the accounts and securities report are finalised.
Abalance says it may also need to delay any announcement of corrections to past securities reports, half-year reports and earnings releases from the original late-June window to late August. The 62-day extension is therefore a contingency plan, not an approved outcome. The company says filing by August 31 should be possible after the investigation and audit steps are completed, but it would submit sooner if it concludes that past-year corrections are unnecessary.
What the probe covers
The disclosure describes the probe as focusing on Abit during the period it was a consolidated subsidiary, from October 2019 to March 2025, and on accounting treatments and suspicious transactions there. It also says the follow-up audit work could extend to past financial statements and revenue transactions at subsidiaries, depending on what the investigation finds. For now, Abalance says the effect of this matter on results for the year to March 2026 is still unknown.
August now has two unresolved numbers
Late August also matters for a separate issue. In another same-day update, Abalance said U.S. Customs and Border Protection had not approved imports for three U.S.-bound shipments of solar panels made by Vietnam Sunergy Joint Stock Company under the Uyghur Forced Labor Prevention Act after finding insufficient evidence to permit an exception. One shipment has since cleared review and sales to customers are already under way, while two shipments remain under review.
The company says later U.S.-bound shipments from VSUN have been imported and sold without particular difficulty. But the three blocked shipments still carry an estimated loss of about ¥3bn to ¥5bn, and Abalance says that figure could change. Because the reporting calendar has slipped, it now expects to settle the loss in its consolidated accounts around late August.
What to watch next
The checklist is simple, if not exactly comforting. First comes the June 30 investigation report, then its planned early-July publication, then management's decision on whether past disclosures need correction and how much extra audit work follows. By late August, investors should know whether the filing extension is actually needed, whether any restatements are required, and where the solar-shipment loss lands within the company's disclosed range.