TOA Corporation Reports Fraud Incident at U.S. Subsidiary

TOA Corporation has reported a fraud incident at its U.S. subsidiary involving a fraudulent transfer of approximately $600,000. The company is cooperating with law enforcement to investigate the matter and is working to recover the funds. The financial impact of this incident is still being assessed, and stakeholders are being kept informed of developments. TOA Corporation specializes in audio and security equipment, focusing on innovation and quality in the electronics industry.