Tabikobo, Suspected of New Fraudulent Transactions; Parent Company Adventure Postpones Financial Results Announcement

Tabikobo, Suspected of New Fraudulent Transactions; Parent Company Adventure Postpones Financial Results Announcement

Tabikobo has revealed that suspicions of new fraudulent transactions have surfaced.

In order to investigate the application details of the Employment Adjustment Subsidy and Emergency Employment Stability Subsidy received from March 2020 to November 2022, it was announced on June 5 that a special investigation committee would be established. The initial plan was to receive an investigation report by early August.

In the process of investigating similar cases, it was found that inappropriate accounting of software assets had been conducted, and suspicions have emerged that certain former employees of the corporate sales department delayed losses due to travel arrangement errors from as early as June 2017 to around May 2020 through methods such as reallocating purchases, recording fictitious transactions, unlawfully acquiring and converting gift certificates, and disguising deposits.

As a result, the parent company, Adventure, will postpone the disclosure of financial results scheduled for August 13 and the holding of a financial results briefing session.

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