• Kyodo

  • SHARE

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.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW