Source disclosure: January 13, 2026
Abalance Corporation [3856.T]
TOKYO, Jan 13 (Pulse News Wire) – Abalance Corporation (3856.T) reported that its interim review for the half-year ending March 31, 2026, was unable to conclude due to ongoing investigations into past accounting irregularities. The company received an opinion not indicated from its auditor, Limited Liability Central General Audit Corporation, after reviewing the interim consolidated financial statements from April 1, 2025, to September 30, 2025.
The audit firm noted significant concerns related to improper accounting practices identified by an external committee set up on April 1, 2025, and confirmed through a report received on December 17, 2025. These issues included intentional and systematic misrepresentations in accounting processes within subsidiaries, attributed to inadequate governance and compliance culture.
In addition, the audit highlighted potential tax adjustments and legal disputes that could impact future financial performance but did not affect the overall conclusion. Abalance acknowledged the seriousness of the situation and committed to cooperating fully with the verification committee established on January 8, 2026, to address these findings promptly.
The company apologized for any inconvenience caused to shareholders and stakeholders and emphasized its commitment to resolving these matters swiftly.
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