TOKYO, Mar 31 (Pulse News Wire) – Air Water Inc. (4088.T) received a special investigation committee report today regarding ongoing accounting irregularities within its group.
The company previously disclosed in February that some unresolved matters necessitated continued investigations. In response to the findings, Air Water plans to conduct additional internal reviews of past securities reports and interim financial statements. Once completed, corrected versions reflecting any newly identified issues will be released.
Additionally, the company intends to delay the release of its third quarter earnings statement until further review is complete. A revised publication date will be communicated promptly upon determination. Regarding personnel actions and preventive measures, Air Water will clarify responsibilities based on the committee's recommendations and implement disciplinary actions against,.
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