Source disclosure: January 30, 2026
baby calendar Inc. [7363.T]
TOKYO, Jan 30 (Pulse News Wire) – Baby Calendar Inc. (7363.T) disclosed today that its former CFO is suspected of misappropriating advertising revenue funds.
An internal investigation revealed discrepancies in ad revenue payments from YouTube and Google AdSense, leading to the establishment of a special investigative committee. The alleged misconduct occurred between November 2023 and August 2024, potentially involving amounts in the tens of millions of yen. The company stated that the former CFO's tenure ended on March 28, 2025. The investigation found evidence suggesting the improper appropriation of funds, which could amount to tens of millions of yen based on preliminary estimates. The company apologized for causing inconvenience and concern among shareholders and investors.
The newly formed committee will focus on investigating the scope and impact of the fraud, identifying similar incidents, analyzing causes, and recommending preventive measures. It will also consider recovery actions and legal responses as necessary. The company plans to cooperate fully with the investigation and work closely with auditors and regulatory authorities to ensure appropriate accounting treatment and disclosure. Due to the ongoing investigation, the company expects to delay the release of its December 2025 interim report, originally scheduled for February 13, 2026. A revised publication date will be announced once determined.
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