Adventure subsidiary, Tabikobo, launches special investigation on grants
Adventure Co., Ltd. (TSE: 6030) announced that its consolidated subsidiary, Tabikobo, has established a special investigation committee to examine potential discrepancies in applications for employment adjustment and emergency employment stabilization grants. The decision follows an internal review that raised concerns about the eligibility of JPY 802,230,837 in grants received. The committee, composed of external experts, will investigate the facts, assess the impact on financial statements, and recommend preventative measures. A preliminary report is expected in early August 2025. Adventure has pledged full cooperation with the investigation and will take necessary actions as the parent company, including addressing the connection to issues previously raised related to Go To Travel campaign subsidies.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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