Market News
Jan. 16, 2024 TSE Public Inspection of Improvement Status Report: OUTSOURCING Inc.
An Improvement Status Report has been made available for public inspection as follows.
| １．Company Name | OUTSOURCING Inc. (Code: 2427, Market Segment: Prime Market) |
| ２．Public Inspection Period | From Jan. 16, 2024 (Tue.) to Mar. 8, 2027 (Mon.) |
| Reason (Related Clause) |
Public Inspection of Improvement Status Report (Securities Listing Regulations, Rule 505, Paragraph 4) |
| ３．Details of Reason | OUTSOURCING Inc. (hereinafter the "Company") disclosed corrections to its past earnings reports on Jan. 14, 2022 (the "previous corrections"). In connection with this, the Company submitted an Improvement Report on Mar. 8, 2022 and an Improvement Status Report on Sep. 22, 2022 that indicated the status of implementation and management of improvement measures. On the other hand, on Nov. 2, 2023, the Company disclosed an investigation report of an external investigation committee concerning questions mainly about the application procedures for employment adjustment subsidies carried out by the Company and several of its consolidated subsidiaries, and on Nov. 14, disclosed corrections to its past earnings disclosures which were different from the previous corrections. These issues and the inappropriate accounting processing that caused the previous corrections are considered to have occurred in the same context. In light of the above, deeming that the Company needed to explain the status of implementation and operation of the improvement measures, TSE had requested the submission of another Improvement Status Report. The Company had submitted the report on Jan. 15, 2024. |
- After submission of the Improvement Status Report, etc. by the Company, it will be made available on the JPX website and through the TDnet database service.
Improvement Reports, etc. that are currently available for public inspection can be found on the following page of the JPX website （https://www.jpx.co.jp/listing/measures/improvement-reports/index.html) (available only in Japanese).
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