FilingReader Intelligence
MTG revises past financials, forecasts growth despite internal control issues
March 7, 2025 at 12:02 PM UTC•By FilingReader AI
MTG (TSE:7806) announced revisions to its previously issued Q1 and Q2 FY2024 quarterly reports, along with the restatement of its FY2024 financial results, after uncovering irregularities related to revenue recognition at its subsidiary, M's Agency. The issues, primarily involving the alteration of documents related to advertising expenses, led to a restatement of earnings.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
(Correction/Numerical Data Correction) Partial Correction to "Summary of Third Quarter Financial Results for the Fiscal Year Ending September 2024 (Japanese GAAP) (Consolidated)"March 7, 2025 at 08:30 AM UTC
(Correction/Numerical Data Correction) Regarding Partial Correction to "Financial Results Summary for the Fiscal Year Ending September 2024 (Japanese GAAP) (Consolidated)"March 7, 2025 at 08:30 AM UTC
Notice regarding significant deficiencies in internal controls over financial reporting that should be disclosedMarch 7, 2025 at 08:30 AM UTC
Matters related to business plans and growth potentialMarch 7, 2025 at 08:30 AM UTC
TSE:7806•Tokyo Stock Exchange
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