Media Kobo (3815) · RiskMitigated
Administrative Action Against the Audit Firm and Verification of Business Improvements
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
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Same theme, other companies
Financial Services Agency Administrative Action Against Audit Firm and Its Impact on Audit Quality and Continuation of the Audit EngagementA theme 89 companies write about · 81 as a headwind · 0 as a tailwind
22 other companies' latest entry also says "Mitigated".
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Showing 14 of the 89 companies compared. The sentences above are computed from all 89.Full recordFilings, disclosures and news, newest first
- FY2025MitigatedAnnual report
「We received an explanation from 太陽有限責任監査法人 regarding the reasons for and details of the sanctions, as well as an overview of its business improvement plan, and confirmed that it had commenced business improvement measures and that the measures were largely complete.」
Regarding the risk associated with the audit firm’s administrative sanctions, the company confirmed that business improvement measures had commenced and were largely complete, and said that the Audit & Supervisory Board would continue to monitor implementation. - FY2024First statedAnnual report
「Taiyo LLC received an administrative action from the Financial Services Agency dated 26 December 2023, as outlined below.」
The audit firm disclosed that it had been sanctioned by the Financial Services Agency, including a 3-month suspension of new contract work and an order to improve its operations. The company said it had received an explanation, confirmed that improvement measures had commenced, and confirmed that there would be no impact on audit services.