IRISO ELECTRONICS CO.,LTD. [6908.T]
TOKYO, Apr 27 (Pulse News Wire) – Iriso Electronics CO.,LTD. (6908.T) announced today that it has established an external committee composed of independent professionals, led by attorney Yoshi Matsuyama, to investigate inappropriate monetary transactions discovered at its overseas subsidiary.
The company also decided to postpone the release of its fiscal year 2026 March quarter results originally scheduled for May 08 due to ongoing investigations and the need for additional time to finalize financial figures. The investigation aims to clarify the circumstances surrounding the issue, identify similar incidents, assess potential impacts on the consolidated financial statements, analyze root causes, and propose preventive measures.
The company deeply regrets any inconvenience caused to shareholders, investors, and stakeholders and pledges full cooperation with the external committee's work. In addition, IRISO Electronics stated that once the investigation concludes, it will promptly disclose the findings and any impact on performance.
The revised schedule for releasing the quarterly results will be communicated upon determination.
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