Fujifilm finds accounting irregularities at Australian unit

Fujifilm Holdings Corp. said Monday a third-party panel investigating accounting of its overseas operations found irregularities at an Australian subsidiary in addition to those already found at a New Zealand unit.The maker of camera, cosmetics and medical equipment said losses from the inappropriate treatment of leasing operations in the six years through 2015 now total 37.5 billion yen ($340 million), widening from 22 billion yen at the New Zealand subsidiary alone.The both subsidiaries are sales units of Fujifilm subsidiary Fuji Xerox Co.To take responsibility for the irregularities, Fuj…READ FULL ARTICLE