TOKYO, Mar 10 (Pulse News Wire) – CONVUM Ltd. (6265.T) corrected its fiscal year 2024 interim report after identifying errors in previously disclosed figures.
The corrections primarily affected the consolidated financial statements' segment information. In the revised report, the total revenue for the fiscal year ending December 31, 2024 was adjusted from 1,850,703 thousand yen to 1,959,461 thousand yen. Segment-specific adjustments included changing the revenue from customer contracts in Japan from 1,478,034 thousand yen to 1,478,034 thousand yen, while maintaining the overall external sales figure at 1,850,703 thousand yen. Additionally, internal sales transfers within segments were updated, impacting the reported segment profits and assets accordingly.
The correction also addressed discrepancies in depreciation expenses and fixed asset additions. Depreciation expenses increased from 200,276 thousand yen in the previous year to 200,276 thousand yen in the current year, reflecting higher operational costs. Fixed asset additions showed a significant shift, with increases noted across various categories, contributing to the adjustment in the consolidated financial statements. For more detailed information, the corrected report is available on the company's website.
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