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Riso Kyoiku Co., Ltd. ( (JP:4714) ) has shared an announcement.
Riso Kyoiku Co., Ltd. announced the remediation of material weaknesses in its internal control over financial reporting for the fiscal year ending February 2025. The company identified errors related to allowance for doubtful accounts and impairment of fixed assets, which led to amendments in financial reports. To address these issues, Riso Kyoiku has improved its internal control system by revising accounting manuals, establishing an Internal Control Section, and enhancing staff training. These measures have effectively remediated the weaknesses, and the company has confirmed the effectiveness of its internal controls as of the fiscal year-end.
More about Riso Kyoiku Co., Ltd.
Riso Kyoiku Co., Ltd. operates in the education industry, focusing on providing educational services and products. The company is listed on the Prime Market of the Tokyo Stock Exchange, indicating a significant presence in the market.
Average Trading Volume: 276,301
Technical Sentiment Signal: Sell
Current Market Cap: Yen39.26B
Learn more about 4714 stock on TipRanks’ Stock Analysis page.