TOKYO, Jun 30 (Pulse News Wire) – Baby Calendar Inc. (7363.T) disclosed its fiscal year ended December 2025 results but acknowledged the delay exceeded the typical 50-day post-period end deadline.
The company cited an internal investigation into alleged improper handling of advertising revenue by a former CFO, which led to corrections in previously filed financial statements and reports. The special investigative committee's findings necessitated additional time for rectifying past filings, completing the current fiscal year’s accounting procedures, and undergoing auditor reviews. As a result, the final earnings announcement was delayed beyond the usual timeframe.
CEO Keiji Yasuda apologized for any inconvenience caused to shareholders and investors. In response to this setback, Baby Calendar plans to implement robust preventive measures and enhance internal controls, aiming to streamline future reporting processes. The firm intends to ensure timely disclosure within 45 days of the fiscal year-end going forward.
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