Meiji Holdings Co., Ltd., a major food company, announced last year's financial results on the 18th, six days later than originally planned, and it was because an internal investigation revealed that the person in charge of the group company had overreported the sales. I made it clear.
Meiji Holdings initially planned to announce the financial results of the entire group last year on May 12, but has postponed it on that day.
Then, on the 18th, he announced the financial results six days later and explained the reason for the postponement at the press conference.
According to this, the audit corporation pointed out that there is a discrepancy between the sales recorded by the pharmaceutical manufacturer of the group company on the day before the announcement of financial results and the payment amount of the client company that this manufacturer traded.
According to an internal investigation, the manager in charge of this group company admitted that he had overreported sales of about 1 billion yen, so after scrutinizing the contents, he re-created the financial results and announced on the 18th.
The manager was inflating sales and reporting in an attempt to improve the reputation of the product he was in charge of.
Kazuo Kawamura, President of Meiji Holdings Co., Ltd., who met online, said, "We deeply apologize for causing inconvenience and concern to shareholders, investors, business partners, and other related parties." I showed the idea of reviewing.