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TBS Holdings Director Resigns Over Fraudulent Expense Claims

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TBS Holdings Director Resigns Over Fraudulent Expense Claims

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An announcement from TBS HOLDINGS INC. ( (JP:9401) ) is now available.

TBS HOLDINGS, INC. announced that Managing Director Shigetoshi Ida resigned effective December 25, 2025, after an internal investigation found he had fraudulently claimed reimbursements for entertainment expenses and he agreed to refund the amounts retroactively. The company characterized the misconduct as a serious breach of trust with stakeholders, issued an apology, and pledged to prevent any recurrence by further strengthening its corporate governance framework, signaling an effort to contain reputational damage and restore confidence in its management controls.

The most recent analyst rating on (JP:9401) stock is a Buy with a Yen6472.00 price target. To see the full list of analyst forecasts on TBS HOLDINGS INC. stock, see the JP:9401 Stock Forecast page.

More about TBS HOLDINGS INC.

TBS HOLDINGS, INC. is a Japan-based media group listed on the Prime Market of the Tokyo Stock Exchange, operating primarily in broadcasting and related content and communications businesses serving viewers and advertisers in the domestic market.

Average Trading Volume: 210,852

Technical Sentiment Signal: Buy

Current Market Cap: Yen945.1B

See more insights into 9401 stock on TipRanks’ Stock Analysis page.

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