Investigations, recalls, restatements, lawsuits and late filings at Japanese companies.
The finding: Abalance's committee said a ¥30mn LPWA prototype order later carried at Abit lacked economic substance, making ¥25mn of booked sales inappropriate, while stopping short of concluding the accounting was intentional.
Abalance wants a 62-day extension, to August 31, after a probe into suspect transactions at merged subsidiary Abit opened the door to extra audit work and possible prior-year corrections.
Data feeding unit-cost calculations were not updated correctly from the year to March 2019, leaving inventory understated; NEPON now says its reporting controls are effective and the latest year ended with ¥37.7mn in net profit.
The catch: Yokorei says an extraordinary report due after a December 2024 board decision was left unfiled until June 29, and the delayed document details backdated loss items of ¥6.42bn for doubtful accounts, ¥4.49bn for debt guarantees and ¥2.60bn for investment securities.
The catch: prior-period corrections tied to lease-deposit estimates, plus accounting staff departures, left Nichiryoku unable to prove its financial-reporting controls were effective by March 31 despite a year of remediation.
The catch: an audit review of intercompany accounting left Diamond Electric’s sales unchanged but cut reported net profit to ¥217mn from ¥819mn, reversing what had looked like a forecast beat into a ¥382mn miss.
Sales rose to ¥15.59bn in the year to March 2026, but ordinary income fell to ¥933.0mn as the manufacturer said its financial-reporting controls remained effective across all business locations.
The CHMP said Tavneos’ benefits had not been shown to outweigh its risks after a review linked to phase III data-integrity concerns, leaving Kissei to assess Japan’s response and any earnings effect.
A June 30 probe into accounting and suspicious transactions at former subsidiary Abit has pushed Abalance's results to late August, while a separate U.S. solar-shipment dispute leaves another ¥3bn to ¥5bn potential hit to be settled in the same window.
Mikuni’s June 26 disclosures were less about annual sales than about governance: the supplier said reporting controls were ineffective after repeated unauthorized transfers at Taiwan Mikuni, and the amendments reach back to the year ended March 2021.
The move: a June 30 investigation report on former subsidiary Abit is set to trigger added audit work, so Abalance is weighing a 62-day filing extension and says even its separate ¥3bn to ¥5bn US solar-shipment loss cannot be pinned down before late August.
The move: Abalance pushed both its third-quarter and full-year results for the year to March 2026 to late August while it reviews an investigation into accounting treatment and suspicious transactions at former subsidiary Abit. Read-through: that same timetable now also governs when a separate ¥3bn to ¥5bn estimate from US-bound solar shipments may be nailed down.
Expected credit losses on customer loans, not the sign-off itself, are the telling detail in the 2025 accounts, with the auditor pointing to judgement-heavy credit-risk staging and model inputs.
Fukuda Denshi has created an independent third-party committee, chaired by former Nagoya High Court president Seiichi Fusamura, after concluding its earlier investigation into former chairman Kotaro Fukuda's improper expense use needed a more objective follow-up. The panel will examine not just the expense case but any broader mixing of corporate and personal affairs, management's role in related governance problems, and prevention measures.
Kaihan says Friday's shareholder meeting can still vote on a partial articles amendment, three director appointments and an accounting auditor, but it cannot present the year-end business report or financial statements at the scheduled session. The company expects going-concern uncertainty to lead to a disclaimer of opinion and says a later continued meeting will handle the accounts once audit procedures are complete.
Koki’s second amendment to its annual standalone results lowers the Okinawa Cellular sales figure in its major-customer note to ¥5.63bn from ¥5.64bn, while the KDDI line stays at ¥1.37bn.
Tokyo Electric Power has drawn another ¥34.4bn from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation, the 170th funding delivery tied to Fukushima compensation. The company said payments due by end-July will exceed the ¥11.5122tn it had already received from the body and the ¥188.9bn received under the compensation law. The transfer sits under the revised special business plan approved on March 31, which is a bureaucratic way of saying the pipeline is still very much open.
Tameny said it can remove the going-concern note after ending March 2026 with net assets of ¥1.134bn and cash of ¥3.115bn, against ¥2.406bn of borrowings due within one year. A year earlier net assets were negative ¥694mn. The company credits share allotments totaling ¥2.049bn for the recovery and says the exchange confirmed it met the Growth Market's net-assets listing standard at end-March.
Tokyo Cosmos said it is correcting its 2024 midterm plan after a special investigation found the targets lacked concrete support and later years had already baked in Bourns-related synergies before any formal acquisition process existed. The company is removing sales, margin and ROA targets from the old plan while leaving DOE targets in place, and it is also deleting parts of a 2025 board opinion on shareholder proposals that it says could have misled investors.
Nakatayamafuku corrected four annual securities reports, one half-year report and earnings summaries for the years to March 2025 and 2026 after finding a miscalculated shareholder total return and a cash-flow classification error. The company says neither past earnings nor financial position changed. The more useful fix for readers is cash flow. In the corrected summary for the year to March 2025, operating cash flow becomes a ¥6.2mn outflow instead of a ¥43.8mn inflow, while financing cash flow rises to ¥797.7mn from ¥747.7mn. Same cash balance, different story about where it came from.
The corrected materials still show ¥276.9bn of revenue, ¥50.2bn of operating profit and a ¥131 annual dividend for the year to March 2026. What changed line by line is not visible in this packet, so the real news is the correction itself.
Rising says a May board decision had already lifted its payout ratio target to 30% from 20% and raised the year-end dividend forecast for the year to March 2026 to ¥48.85 per share from ¥38.84. The interesting part is not the richer payout by itself but that the fuller explanation is only arriving now.
3D Matrix says it can remove its going-concern note after revenue rose 57% to ¥10.886 billion, operating profit turned positive at ¥1.335 billion and operating cash flow moved back into the black. The company also ended the year with ¥2.83 billion of cash and said convertible bond-type instruments linked to Heights Capital had been redeemed or converted, while bank facilities were expanded. Still, the much larger ordinary and net profit figures were boosted by a ¥2.661 billion foreign-exchange gain, so the cleaner recovery signal sits in operations and funding rather than the headline bottom line.
A correction to crypto-asset accounting and presentation left the year to March with JPY 14,159m of sales, JPY 211m of operating profit and a JPY 528m net loss. The company says the issue was classification, not new transactions, and now guides for JPY 1,270m of net income in the coming year.