TOKYO, Apr 21 (Pulse News Wire) – Livero Inc. (9245.T) announced today that its subsidiary, TANT Co., Ltd., had engaged in suspected misappropriation of funds during the tenure of its representative director.
Livero acknowledged the seriousness of the situation and apologized for any inconvenience caused to stakeholders. While the estimated damage amounting to ¥8 million from October 2024 to March 2026 is expected to have limited impact on the consolidated operating results, the company emphasized transparency as a publicly traded entity.
An investigation led by the audit committee and external experts is ongoing to determine the extent of involvement beyond the identified individual. Livero plans to disclose findings related to the cause of the incident and preventive measures upon completion of the investigation, scheduled for the first quarter earnings release on May 15, 2026.
The company reiterated its commitment to restoring trust among shareholders and investors through comprehensive efforts.
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