Investigations, recalls, restatements, lawsuits and late filings at Japanese companies.
Air Water's revised report to the Tokyo Stock Exchange shows the board restructuring complete, but internal audit has 25 people against a target of 52 and the probe into executive liability is not due to finish until December.
Hokko Chemical expects about ¥300mn in special loss for its Okayama wastewater leak and keeps full-year guidance, helped by a ¥237mn securities gain; a further ¥500mn of drainage rebuilding is planned over about two years and is excluded.
Hokko Chemical says degraded concrete at one Okayama synthesis plant and a cracked buried pipe at another are suspected sources of July's benzene wastewater leak, with groundwater countermeasure construction targeted for completion by around March 2027.
Nakayama Steel resumed hot rolling on October 17 after the September 12 fire, but downstream lines are still returning to normal in stages, the cause is under investigation and the financial hit has not been quantified.
The Financial Services Agency has issued a formal surcharge payment order against I-ne CO.,LTD. over its securities report for the year ended December 2022, with a ¥6mn payment due November 17 that the company has already recorded as a special loss and says will carry no other earnings impact.
A fire that burned power cables serving reheating-furnace equipment at Nakayama Steel Works' Osaka plant has stopped the hot-rolling mill, though no one was hurt and downstream processing continues normally.
A March ransomware attack knocked out COTA's servers, forcing months of manual accounting work and pushing the haircare maker's annual filing past its ordinary deadline, and the company now says its internal financial controls were not effective as a result.
Kaneka's Osaka District Court claim against supplier Onamba covers recall costs only through March 2026, and Kaneka has already flagged that the ¥3.63bn bill for the 2024 solar cable recall will grow.
A short seller's report linking Sumitomo Pharma's approved therapy to unresolved image-duplication questions at Kyoto University's CiRA discloses a stock position that pays off if the report's target sees its shares fall; Sumitomo Pharma calls the report one-sided and may sue.
Sumitomo Pharma says its auditor's unqualified opinion covers the accounts a new report questions, and for now it has found nothing that would justify restating them.
Nine people, six Nippon Paper employees and three contractor staff, died when an earthquake hit the company's Yatsushiro Mill in Kumamoto Prefecture, and production there remains halted while the company checks damage and taps other plants and inventory to keep supply flowing.
A cracked lining in a wastewater pit let benzene, toluene and xylene escape near Hokko Chemical's Okayama plant, and the company has idled two synthesis units while regulators bar access to the coastal site.
A March ransomware attack is still slowing COTA's books four months later: the TSE Prime-listed company says its first-quarter results will miss Japan's 45-day disclosure window, with no new date set, while its delayed full-year results are now due July 30.