Change of accounting auditor (resignation)
Wel-Dish.Incorporated (filing company)
The audit engagement became difficult to continue because internal controls over financial reporting had not been established and operated, and an independent investigation committee was investigating the company's internal processes and compliance with laws and regulations.
Interim review of the interim consolidated financial statements for the fiscal year ending August 2026
Company response
An independent investigation committee is investigating the company's internal processes and compliance with laws and regulations. The company announced the committee's establishment and the appointment of its members on 22 April 2026. The committee chair's name is not disclosed.
The company has begun selecting a candidate for a temporary accounting auditor to serve as its successor and will announce the decision promptly. Toko Limited Liability Audit Corporation is expected to cooperate with the handover of audit work.
The company will announce the decision promptly once a candidate for a temporary accounting auditor to serve as the successor has been selected.
| Item | Details |
|---|---|
| Event name | Change of accounting auditor (resignation) |
| Date of occurrence | 14 May 2026 (date of resignation) |
| Date recognized / date notice received | 14 May 2026 (date on which notice of resignation was received from Toko Limited Liability Audit Corporation) |
| Subject Entity | Wel-Dish.Incorporated (filing company) |
| Cause | The audit engagement became difficult to continue because internal controls over financial reporting had not been established and operated, and an independent investigation committee was investigating the company's internal processes and compliance with laws and regulations. |
| Accounting period in which recognized | Interim review of the interim consolidated financial statements for the fiscal year ending August 2026 |
| Investigation structure | An independent investigation committee is investigating the company's internal processes and compliance with laws and regulations. The company announced the committee's establishment and the appointment of its members on 22 April 2026. The committee chair's name is not disclosed. |
| Outlook | The company has begun selecting a candidate for a temporary accounting auditor to serve as its successor and will announce the decision promptly. Toko Limited Liability Audit Corporation is expected to cooperate with the handover of audit work. |
| Planned follow-up disclosure | The company will announce the decision promptly once a candidate for a temporary accounting auditor to serve as the successor has been selected. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As internal controls over financial reporting have not been established and operated, and an independent investigation committee is also investigating the company's internal processes and compliance with laws and regulations, Toko Limited Liability Audit Corporation determined that it would be difficult to continue the audit engagement and notified the company that it would terminate the engagement and resign.