TOKYO, April 20 Japan's Fujifilm Holdings Corp
has postponed its earnings announcement over
questionable accounting practice at its overseas unit, the
company said on Thursday.
In a statement, the company said its board decided to set up
a third-party panel to look into the validity of accounting over
some lease transactions at Fuji Xerox New Zealand Ltd for the
periods prior to financial year 2015.
The company originally planned to announce on April 27 its
results for the year ended in March, but said it postponed the
announcement indefinitely until the result of the investigation.
The panel, made up of an outside accountant and lawyers, is
scheduled to report its findings to the company around mid-May,
(Reporting by Taiga Uranaka; Editing by Clarence Fernandez)