TOKYO, May 15 (Pulse News Wire) – I-ne CO.,LTD. (4933.T) filed corrective reports for its fiscal years ending December 31, 2022, and December 31, 2023, with the Kinki Regional Finance Bureau today.
The corrections stem from a discrepancy identified during a special investigation committee's review of a trademark rights acquisition transaction conducted in the second quarter of fiscal 2022 involving Right Here Corporation. The company had previously delayed its fiscal 2025 annual earnings release due to concerns about whether Right Here was a subsidiary or related party. Following the committee’s findings released on April 24, 2026, I-ne determined that revisions to past consolidated financial statements were necessary.
The corrected documents cover the fiscal years from January 1, 2022, to December 31, 2022, and from January 1, 2023, to December 31, 2023. However, the company stated that these adjustments solely pertain to footnote changes in the consolidated financial statements and do not impact previous fiscal year performance metrics such as operating profit, ordinary profit, net profit, or revenue. I-ne deeply regrets any inconvenience caused to shareholders, investors, trading partners, and stakeholders due to this situation.
CFO Yoshihide Harada remains available for further inquiries.
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