TOKYO, Apr 20 (Pulse News Wire) – Tokai Rika CO.,LTD. (6995.T) postponed its fiscal year end March 2026 results release originally scheduled for April 24, 2026.
The delay was due to an error in tax effect accounting related to prior-year pension liabilities, leading to an overstatement of deferred tax assets as of March 2025. To correct this, the company needs time to revise past consolidated financial statements from fiscal year 2019 through 2025, impacting the initial balances of the current fiscal year.
Despite the correction being reflected as an increase in prior-period adjustments, the impact on the fiscal year 2026 performance is expected to be minor. The company stated it would promptly announce the rescheduled release date once confirmed.
TOKAI RIKA apologized for any inconvenience caused to shareholders, investors, and stakeholders.
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