NISSHA now has until 23 October to file the half year report that was due on Friday, and the company says what stopped it was accounting done at a Vietnamese subsidiary before it owned it

The deadline moved by seventy days.

NISSHA, listed on the Tokyo Stock Exchange Prime market under code 7915, said on Friday that it has been granted approval to file its interim report for the year ending December 2026 by 23 October instead of by 14 August. Friday was 14 August. The approval comes under article 18-2, paragraph 4, of the Cabinet Office ordinance on the disclosure of corporate affairs, and the company applied for it under paragraph 1 of the same article the day before.

The reason is in the previous day's notice

The approval notice gives no reason at all. The application notice, published on Thursday, gives it at length, and it concerns a company NISSHA has owned for under three months.

NISSHA made USM Healthcare Medical Devices Joint Stock Company, of Vietnam, a consolidated subsidiary on 20 May 2026. During the integration work and the first consolidated close that followed, the company says, it came to light that improper accounting had been carried out at USM in the period before the acquisition. NISSHA describes it as centred on circular transactions. The notice does not describe the transactions any further, and it states that the matter was begun by officers and employees of USM before NISSHA acquired the company and that there is no fact of NISSHA having been involved in it.

The dates the company gives

An investigation team including outside specialists was set up on 10 July. An interim investigation report was written on 22 July and handed to the accounting auditor. In discussions with the audit corporation on 24 July it was confirmed, in the notice's words, that the whole picture could not yet be said to have been elucidated, because the investigation extends over a wide range, because it concerns an overseas subsidiary acquired only recently and is expected to take time, and because a sufficient investigation period has not been secured.

Then two more dates. On 25 July the investigation raised the possibility of new off balance sheet liabilities. On 27 July, after a further discussion with the audit corporation, the company concluded that proper accounts for USM cannot be produced at the present state of the investigation, and that finishing the investigation, preparing consolidated statements in the light of it and putting those through audit and review will take a corresponding amount of time.

From there the conclusion is short. The company judged that it would not receive an interim review report from the audit corporation by 14 August. That single judgement is what the extension rests on.

Two documents, not one

The interim results announcement has not been published either. NISSHA says it will publish that by the extended deadline as well, so the results and the statutory report now arrive together, some time before 23 October, rather than the announcement first and the report behind it.