Proto Corp. (JP:4298) has released an update.
Proto Corp. has established a special investigation committee to thoroughly investigate improper transactions by an employee, leading to a delay in their Q2 financial results for the fiscal year ending March 2025. The company has uncovered false sales and costs amounting to billions of yen and aims to assess the impact on its financial statements while preventing future occurrences. Investors and stakeholders are advised to await further announcements as the investigation progresses.
For further insights into JP:4298 stock, check out TipRanks’ Stock Analysis page.