Tokyo, Japan and Cambridge, UK, 17 February 2022 – Sosei Group Corporation (“the Company”; TSE: 4565) announces it has made partial corrections to the “Consolidated Financial Results for the FY2021 (IFRS)” announced on February 10, 2022, as per below.
1. Reason for correction
Due to the lack of the recognition of the deferred tax assets for unused tax losses, deferred tax assets of the Company in the fiscal year ended December 2021 were understated by JPY 542 million, and the correction was made. As a result, net profit increased by JPY 542 million to JPY 1,017 million.
2. Details of correction
Corrections appear with an underline. Only the complete document after correction is provided due to the large number of corrections.