Establishment of Selection and Evaluation Criteria for Audit Firms
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2026.
24 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The current audit firm was reappointed because it complies with the selection policy and, based on criteria established by the Audit and Supervisory Committee with reference to the Practical Guidelines for Audit and Supervisory Committee Members, etc. Regarding the Establishment of Evaluation and Selection Criteria for Accounting Auditors published by the Japan Audit & Supervisory Board Members Association, was evaluated as meeting all evaluation criteria in terms of the appropriateness and validity of its audit activities.」
The company has reiterated its explanation that the current audit firm was confirmed to meet all criteria based on the evaluation criteria and was reappointed. - FY2023RestatedAnnual report
「The current audit firm was reappointed because it complies with the selection policy and, based on criteria established by the Audit and Supervisory Committee with reference to the Practical Guidelines for Audit and Supervisory Committee Members, etc. Regarding the Establishment of Evaluation and Selection Criteria for Accounting Auditors published by the Japan Audit & Supervisory Board Members Association, was evaluated as meeting all evaluation criteria in terms of the appropriateness and validity of its audit activities.」
The company has reiterated its explanation that the current audit firm was confirmed to meet all criteria based on the evaluation criteria and was reappointed. - FY2022RestatedAnnual report
「The current audit firm was reappointed because it complies with the selection policy and, based on criteria established by the Audit and Supervisory Committee with reference to the Practical Guidelines for Audit and Supervisory Committee Members, etc. Regarding the Establishment of Evaluation and Selection Criteria for Accounting Auditors published by the Japan Audit & Supervisory Board Members Association, was evaluated as meeting all evaluation criteria in terms of the appropriateness and validity of its audit activities.」
The company has reiterated its explanation that the current audit firm was confirmed to meet all criteria based on the evaluation criteria and was reappointed. - FY2021RestatedAnnual report
「The current audit firm was reappointed because it complies with the selection policy and, based on criteria established by the Audit and Supervisory Committee with reference to the Practical Guidelines for Audit and Supervisory Committee Members, etc. Regarding the Establishment of Evaluation and Selection Criteria for Accounting Auditors published by the Japan Audit & Supervisory Board Members Association, was evaluated as meeting all evaluation criteria in terms of the appropriateness and validity of its audit activities.」
The company has reiterated its explanation that the current audit firm was confirmed to meet all criteria based on the evaluation criteria and was reappointed. - FY2020AdvancedAnnual report
「The current audit firm was reappointed because it complies with the selection policy and, based on criteria established by the Audit and Supervisory Committee with reference to the Practical Guidelines for Audit and Supervisory Committee Members, etc. Regarding the Establishment of Evaluation and Selection Criteria for Accounting Auditors published by the Japan Audit & Supervisory Board Members Association, was evaluated as meeting all evaluation criteria in terms of the appropriateness and validity of its audit activities.」
The audit firm was reappointed after being evaluated against the evaluation criteria and confirmed to meet all criteria. - FY2019First statedAnnual report
「The Audit and Supervisory Committee has established evaluation criteria for the audit firm with reference to the Practical Guidelines for Audit and Supervisory Committee Members, etc. Regarding the Establishment of Evaluation and Selection Criteria for Accounting Auditors published by the Japan Audit & Supervisory Board Members Association. It evaluates the appropriateness and validity of the audit firm’s audit activities and determines whether the dismissal or non-reappointment of the audit firm should be submitted as an agenda item to the General Meeting of Shareholders.」
The company has disclosed for the first time as a separate topic its system for establishing evaluation and selection criteria for the audit firm with reference to external guidelines and evaluating the appropriateness and validity of its audit activities.