KDDI Corporation (OTC: KDDIY)

This investigation is for anyone who acquired securities in KDDI Corporation (OTC: KDDIY) prior to February 6, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company had sufficient controls in place to prevent the Company from overstating revenue but then by lacking those controls and overstating revenue.

On February 6, 2026, KDDI disclosed that it had “decided to postpone” its earnings report due to an ongoing investigation into “inappropriate transactions” at the Company’s wholly owned subsidiaries, where employees purportedly “executed fictitious transactions,” “resulting in the recording of fictitious revenue and other figures over multiple years.” The Company disclosed a preliminary assessment of the impact of the “reversal of recorded revenue due to fictitious transactions,” including approximately ¥246 billion yen ($1.7 billion U.S. dollars). On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in KDDI Corporation (OTC: KDDIY) prior to February 6, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.