nms Holdings Corporation [2162.T]

TOKYO, Apr 28 (Pulse News Wire) – nms Holdings Corporation (2162.T) amended its previous financial reports due to accounting errors identified in its consolidated subsidiaries. The corrections cover fiscal years ending March 31, 2024, and March 31, 2025, impacting operating profit, ordinary profit, and net assets.

Specifically, for the fiscal year ended March 31, 2024, the company’s operating profit decreased by ¥151,220 thousand compared to the previously reported figures. Similarly, the net assets reduced by ¥867,574 thousand. In the fiscal year ending March 31, 2025, adjustments increased the operating profit by ¥121,038 thousand and net assets by ¥718,849 thousand.

Additionally, several executives have voluntarily returned portions of their compensation in light of the importance of the situation. Notably, Director Kazuhiko Watanabe will return three months’ worth of monthly director remuneration. The company plans to release corrected quarterly reports for the first half of the fiscal year ending March 31, 2026, once the review process by Forvis Mazars Japan Limited Liability Audit Firm is completed.

The delayed third quarter results for the same fiscal year will also be disclosed simultaneously.

Original Disclosure (PDF)

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