KDDI Delays Q3 Earnings as Probe Uncovers Large-Scale Fictitious Transactions at Subsidiaries

KDDI ( (JP:9433) ) just unveiled an announcement.

KDDI has postponed the official disclosure of its third-quarter earnings for the fiscal year ending March 2026 due to an ongoing investigation into suspected inappropriate transactions at its consolidated subsidiaries BIGLOBE Inc. and G-PLAN INC., where employees are believed to have executed fictitious advertising transactions over multiple years, inflating revenue and income. As an interim measure, the company has published preliminary third-quarter figures showing higher year-on-year revenue and profit but stressed these are reference numbers subject to change, while also revealing that it currently expects to reverse approximately ¥246 billion in fictitious revenue and about ¥50 billion in operating income, with additional provisions and possible impairment losses still under review, and has committed to releasing corrected past financials and the finalized third-quarter results by the end of March 2026, underscoring both the scale of the accounting issue and the company’s efforts to reassure investors with timely transparency.

The most recent analyst rating on (JP:9433) stock is a Buy with a Yen2983.00 price target. To see the full list of analyst forecasts on KDDI stock, see the JP:9433 Stock Forecast page.

More about KDDI

KDDI CORPORATION is a major Japanese telecommunications operator listed on the Tokyo Stock Exchange Prime Market, providing mobile, fixed-line and internet services, as well as related digital and IT solutions for consumers and enterprises in Japan and overseas. Through subsidiaries such as BIGLOBE Inc., it is also involved in internet service provision and advertising-related businesses that complement its core connectivity offerings.

Average Trading Volume: 7,674,208

Technical Sentiment Signal: Buy

Current Market Cap: Yen10402.1B

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