2020-04-14

JDI Commits Accounting Fraud and Pads Earnings since 2014

Japan Display announced that the company has been involved in improper accounting treatment with a total padded operating profit of JPY 8.2 billion (US$ 76.12 million) in the past six years since 2014, when the company was listed on the first section of the Tokyo Stock Exchange. The company was investigated by a third-party committee and revealed the results on April 13, 2020. (Image: JDI) The investigation showed that JDI recorded fictitious inventory of JPY 10 billion (US$92.86 million) in total since the fourth quarter of fiscal 2013. The investigation also...
Continue reading
Samsung Electronics’ latest TV and audio lineup is earning recognition from leading global technology and home entertainment publications. From the Micro RGB TV to Neo QLED 4K and OLED TVs, Q-Series soundbars and Music Studio Wi-Fi speakers... READ MORE

Danny Wimmer Presents’ (DWP) Sonic Temple Art & Music Festival, one of the nation’s premier hard rock and metal festivals, brings thousands of fans to Historic Crew Stadium in Columbus, Ohio, for four days of performances acros... READ MORE