In an article in today’s Nihon Keizai Shimbun, AIJ Investment Advisors Co., Ltd, a corporate pension fund advisor, was reported to have allegedly mishandled investors’ funds. Advantest was listed as having placed corporate pension funds with AIJ. At present, Advantest is working swiftly to investigate the situation, but has not yet been able to verify the facts. As such, any losses or other effects this finding has caused are not yet clear. Advantest’s corporate pension fund has placed approximately 1.7 billion yen with AIJ, representing about 8% of total fund assets. Further details will be announced as soon as available.
Note: All information supplied in this release is correct at the time of publication, but may be subject to change without warning.