HIS Considers Extending Submission Deadline for Securities Report Amid Investigation

HIS Considers Extending Submission Deadline for Securities Report Amid Investigation

HIS has announced that it is considering applying for an extension of the submission deadline for its securities report.

The statutory deadline for the securities report for the fiscal year ending October 2024 is January 31. However, due to the expected significant time required for the special investigation committee to complete its probe into suspected fraudulent receipt of employment adjustment subsidies by a consolidated subsidiary and to verify issues across the group, the company judged that it would not be able to receive an audit report from the accounting auditor by the submission deadline.

The submission of the securities report will be promptly announced at the stage where the direction is settled once confirmations with related parties are obtained.

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