\r\nNihon M&A Center Holdings Inc. (the \u201cCompany\u201d, head office \u2013 Chiyoda-ku, Tokyo; representative \u2013 Suguru Miyake) will postpone its online IR presentation on FY2021-Q3, originally scheduled on January 28, 2022. Revised details are below.
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The Company sincerely apologizes for significant inconvenience and concerns to this matter.<\/p>\r\n
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\r\n\u25a0Revised Dates<\/strong> \r\n\u25a0Reasons for Postponement of Online IR Presentation <\/strong> \r\n\u25a0Place \r\n\u25a0Target Audience<\/strong> \r\n\u25a0How to attend the session<\/strong> \r\n\u25a0Presenter<\/strong>
\r\nAnnouncement of financial results: Monday, February 14, 2022, at 3:00 p.m. (JST)<\/strong>
\r\nOnline IR presentation: Monday, February 14, 2022, from 5:00p.m. \u2013 6:15 p.m. (JST)\u3000* With simultaneous English translation<\/strong>
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\r\nAs announced on December 20, 2021, as “Announcement of Investigation on Attribution Period of Sales at our Subsidiary”, it was discovered that there were some inappropriate internal reports regarding the attribution periods of sales, etc. of its consolidated subsidiary, Nihon M&A Center Inc. (the “Nihon M&A Center”). Accordingly, the Company is currently conducting a thorough internal investigation for the past five and a half years, including the period in progress in the current fiscal year, with the cooperation of external experts.<\/strong>
\r\nAt this stage of the ongoing investigation it is clear that the attribution periods of sales at Nihon M&A Center (so-called sales recognition timing differences) are at the center of the problem. However, it will take a certain amount of time to ensure the accuracy of the investigation, from the final identification of transactions related to inappropriate internal reports, to the determination of the amount of impact on our financial results. Therefore, the Company has decided to postpone the announcement of financial results and the online IR presentation for the third quarter of the fiscal year ending March 31, 2022, which the Company had planned to announce on January 28, 2022. <\/strong>
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\r\nIn light of the current circumstances due to the Covid-19, the presentation will be broadcast live.<\/strong>\r\n<\/p>\r\n\r\n
\r\nInstitutional investors and security analysts<\/strong>\r\n
\r\n*Attendance will be restricted to the foregoing as there is an upper limit on the number of communication lines available. The Company may stop accepting applications if the number of applications received reaches this upper limit.
\r\nThe Company plans to upload a video of the briefing session on its website at a later date for anyone who was unable to attend on the day. Thank you very much for your understanding. \r\n<\/strong>\r\n<\/p>\r\n\r\n
\r\nThis presentaion has been finished.\r\n\r\n<\/p>\r\n
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\r\nSuguru Miyake, President and Representative Director of the Company.<\/strong>\r\n<\/p>\r\n
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