Change in Accounting Auditor
Tsubota Laboratory Incorporated (reporting company)
Five years had already passed since the initial audit agreement was signed with the current audit firm, and the Company determined that it was necessary to comprehensively review its audit arrangements from a new perspective in light of its growth stage. The Company comprehensively considered the audit firm's understanding of the Company's business characteristics, audit quality, independence and the appropriateness of audit fees commensurate with the Company's size.
KPMG AZSA LLC's term of office will expire upon the conclusion of the 14th Annual General Meeting of Shareholders scheduled for 23 June 2026, and Grant Thornton Taiyo LLC is scheduled to be nominated as the Company's new accounting auditor.
| Item | Details |
|---|---|
| Event name | Change in Accounting Auditor |
| Date of occurrence | 23 June 2026 (scheduled date of change and date of the 14th Annual General Meeting of Shareholders) |
| Subject Entity | Tsubota Laboratory Incorporated (reporting company) |
| Cause | Five years had already passed since the initial audit agreement was signed with the current audit firm, and the Company determined that it was necessary to comprehensively review its audit arrangements from a new perspective in light of its growth stage. The Company comprehensively considered the audit firm's understanding of the Company's business characteristics, audit quality, independence and the appropriateness of audit fees commensurate with the Company's size. |
| Outlook | KPMG AZSA LLC's term of office will expire upon the conclusion of the 14th Annual General Meeting of Shareholders scheduled for 23 June 2026, and Grant Thornton Taiyo LLC is scheduled to be nominated as the Company's new accounting auditor. |
Items this document does not state (20)
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.Five years have passed since the initial audit agreement was signed with the current audit firm. In light of the Company's growth stage, the Company reviewed its audit arrangements from a new perspective and, after comparing and considering factors including understanding of the Company's business characteristics, audit quality, independence and audit fees appropriate for the Company's size, determined that Grant Thornton Taiyo LLC was suitable.