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Sohgo Security Services Corrects Internal Control Reports Due to Financial Reporting Deficiencies

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Sohgo Security Services Corrects Internal Control Reports Due to Financial Reporting Deficiencies

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An announcement from Sohgo Security Services Co., Ltd. ( (JP:2331) ) is now available.

Sohgo Security Services Co., Ltd. has announced the filing of a correction report for its internal control reports from fiscal years 2019 to 2024 due to significant deficiencies in financial reporting. The errors were related to the accounting process of retirement benefits, which were based on incorrect data entry, affecting the company’s financial statements. The company is taking steps to strengthen its internal controls and enhance the reliability of its financial reporting.

The most recent analyst rating on (JP:2331) stock is a Hold with a Yen900.00 price target. To see the full list of analyst forecasts on Sohgo Security Services Co., Ltd. stock, see the JP:2331 Stock Forecast page.

More about Sohgo Security Services Co., Ltd.

Sohgo Security Services Co., Ltd. operates in the security services industry, providing comprehensive security solutions. The company focuses on ensuring safety and security through a range of services, including security systems and personnel deployment, catering to various sectors in the market.

Average Trading Volume: 957,961

Technical Sentiment Signal: Buy

Current Market Cap: Yen591.9B

Find detailed analytics on 2331 stock on TipRanks’ Stock Analysis page.

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