Company listed on the first section of the Tokyo Stock Exchange Suspicion of powdered financial statements The former presidents are accused Monitoring committee August 13 21:02
A company in Yokohama City, which sells building materials listed on the first section of the Tokyo Stock Exchange, said that the Securities and Exchange Surveillance Committee, the former chairman, Was accused of criminal charges at the Yokohama District Public Prosecutor's Office for violating the Financial Instruments and Exchange Act.
Mr. Koichiro Hirata (71), former chairman of "Nice Nice Group" in Tsurumi-ku, Yokohama, who sells building materials and houses on the first section of the Tokyo Stock Exchange, and former president Kiyoshi Higurashi (67) et al. He was arrested by the Yokohama District Public Prosecutor's Office last month for deciding on the consolidated financial results for the year ended March 31, 2015 and stating the lie in the securities report.
As a result of the investigation conducted by the Securities and Exchange Surveillance Committee in cooperation with the Yokohama District Prosecutor's Office, the ordinary profit of the company this year was actually a deficit of about 18 million yen. It was found that there was a suspicion that it was pretending to be a surplus of more than 490 million yen in the method of recording sales.
For this reason, the Surveillance Committee filed a criminal complaint against the Yokohama District Prosecutor on the 13th for violating the Financial Instruments and Exchange Act on the company, former chairman Hirata, and former president Higurashi.
The oversight committee has not revealed the approval or disapproval of the two.