Change of accounting auditor in light of long tenure and introduction of new audit perspectives
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2025.
95 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Based on the foregoing, the company evaluated the performance of its independent auditor, Taiyo Audit Corporation, and decided to reappoint it because its performance was deemed appropriate in all respects.」
The company states that, following the change of audit firm, it reappointed Taiyo Audit Corporation after receiving an explanation of the administrative action and business improvement plan. - FY2024ReframedAnnual report
「The Audit & Supervisory Board received an explanation from Taiyo Audit Corporation of the details of the administrative action and an overview of its business improvement plan aimed at preventing recurrence, and also received reports on the progress of the plan throughout the period. Based on the foregoing, the company evaluated the performance of its independent auditor, Taiyo Audit Corporation, and decided to reappoint it because its performance was deemed appropriate in all respects.」
Following the change of audit firm, the focus has shifted to disclosure of the evaluation and reappointment of the auditor after reviewing the administrative action and business improvement plan. - FY2022-Q1AdvancedAnnual report
「The company's audit firm changed as follows: 43rd fiscal year: Toyo Audit Corporation; first quarter and cumulative first-quarter period of the 44th fiscal year: Taiyo Audit Corporation.」
Regarding the change of audit firm disclosed in the FY2021 annual report, the company states that Taiyo Audit Corporation conducted the review for the first quarter of the 44th fiscal year. - FY2021First statedAnnual report
「At the 43rd Annual General Meeting of Shareholders held on 21 November 2021, the company changed its audit firm as follows: 43rd fiscal year (non-consolidated): Toyo Audit Corporation; 44th fiscal year (non-consolidated): Taiyo Audit Corporation.」
In light of the long period of continuous auditing and the explanation for the increase in audit fees, the company compared and considered multiple audit firms and states that the auditor changed to Taiyo Audit Corporation from the 44th fiscal year.