Japan Display Inc. said Tuesday it will set up a new investigative team consisting only of outside parties to look into suspected improper accounting after the company’s internal probe found questionable figures in previous earnings results.
The struggling panel-maker said the internal team, formed earlier this month and including a Japan Display executive and outside parties, found an overvaluation totaling some ¥10 billion ($91 million) for its inventory, which was later removed in past business years.
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