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CyberAgent ( (JP:4751) ) has shared an announcement.
CyberAgent, Inc. has identified material deficiencies in its internal control over financial reporting, leading to the submission of correction reports for past financial statements. The deficiencies were discovered following an investigation into inappropriate accounting practices at its subsidiary, CyberOwl, where sales figures were improperly recorded due to inadequate management and auditing systems. This revelation has significant implications for the company’s financial integrity and highlights the need for improved internal controls and governance structures.
The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.
More about CyberAgent
CyberAgent, Inc. is a company operating in the digital marketing and internet services industry, primarily offering services such as affiliate marketing through its subsidiaries. The company focuses on leveraging performance-based commission models to drive sales and marketing efforts.
Average Trading Volume: 4,386,400
Technical Sentiment Signal: Buy
Current Market Cap: Yen628B
Learn more about 4751 stock on TipRanks’ Stock Analysis page.