TSE:4088Chemicals
A Look at Air Water (TSE:4088) Valuation as Special Committee Probes Accounting Concerns
Air Water (TSE:4088) has set up a Special Investigating Committee to look into concerns about deferred loss recognition in its accounting, involving about 2.5 billion yen. This move raises questions regarding the company’s recent financial disclosures.
See our latest analysis for Air Water.
Air Water’s latest accounting probe comes after a sharp pullback in its share price. The stock dropped nearly 19% over the past month but is still up about 10% for the year to date. Looking at the longer...