BOOKOFF Investigates In-House Financial Misconduct

BOOKOFF GROUP HOLDINGS LIMITED (JP:9278) has released an update.

BOOKOFF GROUP HOLDINGS LIMITED is investigating improper financial activities in some of its stores, including fictitious purchases and inventory irregularities, with 70 million yen in improper inventory recording identified so far. An independent committee is conducting a detailed analysis and a survey among all company group employees to uncover any further misconduct. The company has apologized for the inconvenience caused to stakeholders and will release further findings upon completion of the investigation.

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