Disclosure of Administrative Disciplinary Action Against Grant Thornton Taiyo LLC
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 17 of 54 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition, Taiyo Yugen Kaisha Audit Corporation received an administrative sanction from the Financial Services Agency dated 26 December 2023 suspending operations related to entering into new audit agreements for 3 months, from 1 January to 31 March 2024. This excluded renewals of audit agreement terms for audited companies with which audit agreements had already been concluded, and the conclusion of new agreements due to a company’s listing.」
The fact that the Company’s continuing auditor, Taiyo Yugen Kaisha Audit Corporation, was subject to administrative action continues to be disclosed. - FY2024First statedAnnual report
「In addition, Taiyo Yugen Kaisha Audit Corporation received an administrative sanction from the Financial Services Agency dated 26 December 2023 suspending operations related to entering into new audit agreements for 3 months, from 1 January to 31 March 2024. This excluded renewals of audit agreement terms for audited companies with which audit agreements had already been concluded, and the conclusion of new agreements due to a company’s listing.」
The disclosure states that the Company’s continuing auditor, Taiyo Yugen Kaisha Audit Corporation, received a 3-month suspension of operations from the Financial Services Agency relating to the conclusion of new agreements.