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SCREEN Holdings Co ( (JP:7735) ) has issued an update.
SCREEN Holdings Co., Ltd. announced the receipt of an investigation report from a special committee formed to examine suspected accounting mishandling related to sales recognition from its subsidiary. Although the investigation confirmed improper accounting procedures, the impact was limited and not materially significant to the company’s consolidated financial statements, and no corrections will be made to past reports. The company plans to submit its 84th Interim Securities Report by the extended deadline and will implement measures to prevent recurrence of such issues, with details to be announced by February 2025.
More about SCREEN Holdings Co
SCREEN Holdings Co., Ltd. operates in the technology industry, focusing primarily on developing and manufacturing equipment for the semiconductor, display production, and electronics sectors. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President & CEO Toshio Hiroe.
YTD Price Performance: 11.39%
Average Trading Volume: 493
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.39B
For a thorough assessment of 7735 stock, go to TipRanks’ Stock Analysis page.
