Token Corporation corrects past financial statements

Token Corporation announced today that it has filed amended securities reports with the Kanto Local Finance Bureau and revised certain past earnings releases. The revisions stem from a misclassification in the company's accounting for lease income of real estate, where lease income had incorrectly been reported as "deposits" instead of "advances received" on the balance sheet. The corrected securities reports span fiscal years 2019 to 2024 (ending April 30). The amendment also applies to the Q4 2024 earnings report. The correction affects the liability section of the consolidated balance sheet and the classification of cash flows within operating activities, with no impact on other financial statements.