H.I.S. Unit Likely Received 100 M. Yen in Aid Fraudulently
Tokyo, Nov. 25 (Jiji Press)--Japanese travel agency H.I.S. Co. said Monday that subsidiary Number One Travel Shibuya Co. is likely to have fraudulently received government subsidies to help companies maintain employment during the COVID-19 pandemic.
H.I.S. is investigating its whole group for any such fraud. The company will postpone the release of its consolidated financial results for the year that ended in October, which was initially set for Dec. 13.
(2024/11/25-21:53)
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