Okamoto Industries corrects FY2025 financial results, revises figures

Okamoto Industries Inc (TSE:5122) announced a correction to its consolidated financial results for the fiscal year ended March 31, 2025, initially released on May 13, 2025. The revision addresses miscalculations specifically related to investment securities, leading to subsequent adjustments in the company’s reported capital surplus and treasury stock values. While the company has not detailed the exact magnitude of these adjustments, it has stated that a full corrected version of the financial results, with underlined revisions, is now available. The company has also stated that numerical data revisions (XBRL) have also been submitted.