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An update from Access Co., Ltd. ( (JP:4813) ) is now available.
ACCESS CO., LTD. has announced the submission of correction reports for its annual, quarterly, and semi-annual financial documents due to improper sales recognition and accounting treatment issues discovered at its U.S. subsidiary. These corrections have led to the realization that past dividends exceeded the distributable amount, prompting the company to apologize to stakeholders and initiate a comprehensive investigation to rectify the discrepancies.
More about Access Co., Ltd.
ACCESS CO., LTD. operates in the technology industry, focusing on network business solutions. The company provides a range of services and products aimed at enhancing connectivity and network efficiency, with a market focus on expanding its customer base, particularly in the United States.
Average Trading Volume: 233,709
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.12B
See more insights into 4813 stock on TipRanks’ Stock Analysis page.