Wel-Dish.Incorporated [2901.T]
TOKYO, May 14 (Pulse News Wire) – Wel-dish.incorporated (2901.T) received an interim review report indicating non-conclusion regarding its semi-annual consolidated financial statements for the fiscal half-year ending August 31, 2026. The report was issued by Touko Certified Public Accountants based on Article 193-2 of the Financial Instruments and Exchange Act.
The review covered the interim consolidated balance sheet, income statement, comprehensive income statement, cash flow statement, and notes for the period from September 1, 2025, to February 28, 2026. The firm concluded it could not determine whether the financial statements accurately reflect the company's financial position and operating results during the interim accounting period due to unresolved issues related to stock option exercises and share transactions involving ACA Next Co., Ltd. In response to concerns raised, Wel-Dish established an independent investigation committee on April 22, 2026, tasked with examining various aspects of the stock option issuance and exercise process, potential legal challenges, and broader governance issues.
The ongoing investigation may significantly impact the interim financial statements, but the extent remains unclear until further findings are available. Going forward, Wel-Dish commits to addressing the reasons behind the non-conclusion seriously and promptly disclosing any significant developments. The company apologizes for any inconvenience caused to shareholders and investors.
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