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Air Water Inc. Delays Securities Report Amid Accounting Investigation

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Air Water Inc. Delays Securities Report Amid Accounting Investigation

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Air Water ( (JP:4088) ) has provided an announcement.

Air Water Inc. has announced a delay in filing its Semi-Annual Securities Report due to ongoing investigations into inappropriate accounting practices at several subsidiaries. The Special Investigating Committee, comprising external experts, is conducting a thorough review of the issues, which include potential involvement of company officers and employees, and the investigation is expected to take significant time, impacting the company’s financial reporting and internal controls.

The most recent analyst rating on (JP:4088) stock is a Hold with a Yen2393.00 price target. To see the full list of analyst forecasts on Air Water stock, see the JP:4088 Stock Forecast page.

More about Air Water

Air Water Inc. operates in the industrial gas industry, providing a range of products and services including gases, chemicals, and related equipment. The company focuses on various sectors, including healthcare, agriculture, and food products, with a market presence in Japan and other regions.

Average Trading Volume: 1,002,649

Technical Sentiment Signal: Buy

Current Market Cap: Yen520.2B

Learn more about 4088 stock on TipRanks’ Stock Analysis page.

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