The Book Off Group announced that it would postpone the announcement of its financial results, which was scheduled for next month, after it discovered suspicions of employee fraud. Some stores will be temporarily closed from tomorrow due to emergency inventory work.
Visitors
“I was shocked. If this is true, it will be difficult to go there.”
“Because money is involved, I wonder if I will lose credibility.”
Fraud has been discovered at Book Off, a used book retailer. It has been discovered that employees at multiple stores are suspected of making fictitious purchases and obtaining cash illegally.
Reporter
“This store in Tokyo will be temporarily closed tomorrow. We need to do an inventory of our products urgently.”
Today, a large sign was put up at a Book Off store in Tokyo announcing that the store was “temporarily closed.”
The Book Off Group will begin conducting inventory at all stores both in Japan and overseas starting tomorrow, and will proceed with checking stock levels.
A special investigative committee consisting of external experts, including lawyers, will be set up to investigate the facts and financial impact of the case.
Source: Japanese