Change of Certified Public Accountants, etc.
Accrete Inc., フロンティア監査法人
As the business has expanded, significant accounting treatments now require sufficient review and discussion, resulting in longer audit hours. At the same time, due to the available human resources of the Company and フロンティア監査法人, timely responses have not been possible, increasing the likelihood that a risk will arise that audit quality cannot be adequately maintained from the current fiscal year onward.
The Company will proceed with the selection of a certified public accountant, etc., and a temporary accounting auditor pursuant to the Financial Instruments and Exchange Act and the Companies Act, and will announce the decision promptly once it has been made. フロンティア監査法人 has undertaken to cooperate with the handover of the audit work.
The Company will announce the decision promptly once a successor and other matters have been determined.
| Item | Details |
|---|---|
| Event name | Change of Certified Public Accountants, etc. |
| Date of occurrence | 12 June 2026 (the date of agreement on termination of the audit engagement and the resignation of the accounting auditor). The actual resignation date will be a date designated by フロンティア監査法人 during the first half of 2026. |
| Subject Entity | Accrete Inc., フロンティア監査法人 |
| Cause | As the business has expanded, significant accounting treatments now require sufficient review and discussion, resulting in longer audit hours. At the same time, due to the available human resources of the Company and フロンティア監査法人, timely responses have not been possible, increasing the likelihood that a risk will arise that audit quality cannot be adequately maintained from the current fiscal year onward. |
| Outlook | The Company will proceed with the selection of a certified public accountant, etc., and a temporary accounting auditor pursuant to the Financial Instruments and Exchange Act and the Companies Act, and will announce the decision promptly once it has been made. フロンティア監査法人 has undertaken to cooperate with the handover of the audit work. |
| Planned follow-up disclosure | The Company will announce the decision promptly once a successor and other matters have been determined. |
Items this document does not state (19)
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 the business has expanded, the time required for reviewing and discussing significant accounting treatments and for conducting the audit has increased. Because it has become difficult for both parties to respond in a timely manner with their available human resources, the risk has increased that audit quality cannot be adequately maintained from the current fiscal year onward. Accordingly, フロンティア監査法人 requested that it would be difficult to continue the engagement.