TOKYO, May 01 (Pulse News Wire) – J.e.t.co.,ltd. (6228.T) published its special investigation report on April 30, 2026, completing delayed disclosures due to privacy and confidentiality concerns.
The report revealed adjustments to revenue recognition practices, impacting reported figures since 2020. For the fiscal year ending December 2025, the company expects revenues of 275 billion yen and a lower net profit of 1,747 million yen. The investigation found instances of intentional delays in revenue reporting to meet budget targets, particularly affecting sales from November and December 2025 being shifted to the next fiscal year.
Additionally, the report highlighted issues with revenue recognition standards, noting discrepancies in understanding among staff regarding appropriate timing for revenue recognition. The company acknowledged these findings and committed to improving internal controls moving forward. Historical adjustments showed cumulative impacts on financial statements since 2020, with significant changes to reported revenues and profits.
The company's mid-term plan "Innovation 2027" remains unchanged despite recent performance challenges.
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