Notice Regarding Receipt Of Investigation Report From Special Investigation Committee And Company's Future Course Of Action
BRIEF-Sanrio Co Ltd - [Summary]Notice Regarding Receipt Of Investigation Report From Special Investigation Committee And Company's Future Course Of Action May 29 (Reuters) - Sanrio Co Ltd 8136.T:
SANRIO CO LTD: SUMMARYNOTICE REGARDING RECEIPT OF INVESTIGATION REPORT FROM SPECIAL INVESTIGATION COMMITTEE AND COMPANY'S FUTURE COURSE OF ACTION
SANRIO CO LTD: MATTER CONCERNS VARIOUS BENEFITS RECEIVED FROM US SUBSIDIARY BY A MANAGING DIRECTOR OF THE COMPANY IN HIS CAPACITY AS CEO OF ITS US SUBSIDIARY, SPECIFICALLY BENEFITS PAID SEPARATELY FROM THE COMPENSATION DETERMINED BY THE COMPANY
SANRIO CO LTD: AFOREMENTIONED BENEFIT PAID TO THE DIRECTOR IN QUESTION ALREADY RECORDED AS EXPENSES OF THE RELEVANT SUBSIDIARY IN RESPECTIVE FISCAL YEARS; NO MISSTATEMENTS IDENTIFIED IN THE COMPANY’S GROUP FINANCIAL RESULTS
SANRIO CO LTD: IN FY 26/27, INVESTIGATION COSTS AND OTHER EXPENSES RELATED TO THIS MATTER WILL BE INCURRED, BUT IMPACT IS EXPECTED TO BE MINIMAL
Source text: ID:nTSqc873f2
Further company coverage: 8136.T
(Reporting by Tokyo Newsroom)
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