Baby Calendar Implements Anti-Fraud Measures Following CFO Investigation Report

TOKYO, Apr 16 (Pulse News Wire) – Baby Calendar Inc. (7363.T) implemented anti-fraud measures following an investigation report released on April 03, 2026.

The report highlighted issues such as concentrated authority and inadequate checks leading to revenue misappropriation by the former CFO. To prevent recurrence, the company established a comprehensive improvement plan focusing on governance and internal control enhancements. Key actions include strengthening risk management committees, improving accounting processes, enhancing IT controls, and reinforcing whistleblower policies.

Additionally, the board decided to reduce monthly remuneration for directors by 20% and 10% for two months starting May 2026. The company plans to disclose progress updates and significant changes promptly. It also intends to publish corrected financial statements reflecting past adjustments by June 30, along with revised reports for previous fiscal years.