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MOH Nippon PLC announced a further delay in the publication of its audited financial statements for the year ended 31 March 2025, now anticipating their release on or before 30 September 2025. The company's Board and its auditor, MacIntyre Hudson LLP, are finalising going concern considerations and the discount rate applied to a guarantee deposit made by Minnadeooyasan-Hanbai Co. Ltd. to Toshi-Souken Invest Bank Inc, related to a Joint Business Agreement entered into on 1 January 2024.
| Date | 29 Aug 2025 |
| Time | 07:00:11 |
| Category | Results |
| ID | 1357X |
29 August 2025
MOH Nippon PLC
Delay to Publication of the Audited Annual Financial Statements for the year ended 31 March 2025
Further to its announcement dated 29 July 2025, MOH Nippon PLC (the "Company" or "MOH") announces a further delay regarding the publication of its audited financial statements for the year ended 31 March 2025 ("FY25 Results").
It is now anticipated that the Company will be in a position to release its FY25 Results on or before 30 September 2025.
The Board of MOH and MacIntyre Hudson LLP ("MHA"), the Company's auditor, are working hard to finalise the going concern considerations and the appropriateness of the discount rate applied to a guarantee deposit made by Minnadeooyasan-Hanbai Co. Ltd. to Toshi-Souken Invest Bank Inc in relation to the Joint Business Agreement entered into on 1 January 2024, details of which are set out in the Company's prospectus dated 31 July 2024.
The Directors of the Company accept responsibility for the content of this announcement.
For further information, please contact the following:
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MOH Nippon Plc |
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Frankie Leung, Chief Financial Officer |
c/o +44 (0)20 4582 3500 |
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Cairn Financial Advisers LLP |
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Emily Staples |
+44 (0)20 7213 0897 |
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Jo Turner |
+44 (0)20 7213 0885 |
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Gracechurch Group |
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Harry Chathli, Claire Norbury |
+44 (0)20 4582 3500 |