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Hatena hit with limit-down sell orders after fund outflow incident of up to 1.1 billion yen
Hatena Co.,Ltd. <3930> is being offered at 881 yen, down 300 yen from the previous trading day, at the limit-down level. After the close of trading on the 24th last week, the company announced that a fund outflow incident had occurred with damage estimated at up to approximately 1.1 billion yen as of that day, prompting selling on concerns. The impact on the full-year earnings forecast is currently under review. The company stated that it has secured sufficient liquidity in working capital on hand and that there will be no disruption to business operations or cash flow.
Following fraudulent payment instructions from a malicious third party, employees executed transfers to external accounts on April 20-21. The company has now established a task force led by the representative director and is conducting an investigation into the facts with external experts.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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