Selection and Evaluation of the External Auditor and Ensuring Audit Quality
First written in FY2019. 1 of 9 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Other".
- FY2026Updates on Audit Tenure and Audit Assistant StructureAnnual report
「Period of continuous audit: 23 years. The assistants engaged in audit work comprise 5 certified public accountants and 6 others.」
The period of continuous auditing by Arc Limited Liability Audit Corporation changed from 22 years to 23 years, and the audit assistants were updated to 5 certified public accountants and 6 others. - FY2025Update to Composition of Audit AssistantsAnnual report
「The assistants engaged in the company's accounting audit work comprise 4 certified public accountants and 3 others.」
The company continues its policy for selecting and evaluating the audit firm and has disclosed that the assistants engaged in accounting audit work comprise 4 certified public accountants and 3 others. The audit firm's period of continuous auditing is 22 years. - FY2024Update to Composition of Audit AssistantsAnnual report
「The assistants involved in our financial statement audit comprise 6 certified public accountants and 8 other personnel.」
The company continues its policy for selecting and evaluating the independent auditor and updated the composition of audit assistants, changing it from 8 certified public accountants and 6 others to 6 certified public accountants and 8 others. - FY2023Update to Composition of Audit AssistantsAnnual report
「The assistants engaged in the company's accounting audit work comprise 8 certified public accountants and 6 others.」
The company continues its policy for selecting and evaluating the audit firm and has disclosed that the assistants engaged in accounting audit work comprise 8 certified public accountants and 6 others. - FY2022Update to Composition of Audit AssistantsAnnual report
「The assistants engaged in the company's accounting audit work comprise 9 certified public accountants and 12 others.」
The company continues its policy for selecting and evaluating the audit firm and has disclosed that the assistants engaged in accounting audit work comprise 9 certified public accountants and 12 others. - FY2021Update to Composition of Audit AssistantsAnnual report
「The assistants engaged in the company's accounting audit work comprise 4 certified public accountants and 8 others.」
The company continues its policy for selecting and evaluating Arc Limited Liability Audit Corporation and has disclosed that the assistants engaged in accounting audit work comprise 4 certified public accountants and 8 others. - FY2020RestatedAnnual report
「The company's Audit & Supervisory Board members and Audit & Supervisory Board evaluate the fees, audit quality and overall audit capabilities of Arc Limited Liability Audit Corporation.」
Following the audit firm's name change, the Audit & Supervisory Board continues to evaluate its fees, audit quality and overall audit capabilities, and to pursue a policy of ensuring audit quality. - FY2020-Q1Change in the audit firm's nameAnnual report
「Meiji Arc Audit Corporation, which had previously provided audit certification services to the company, became Arc Limited Liability Audit Corporation effective 1 July 2019 following a change in the type of audit corporation.」
Following a change in the type of audit corporation, the audit firm's name changed from Meiji Arc Audit Corporation to Arc Limited Liability Audit Corporation effective 1 July 2019. - FY2019First statedAnnual report
「The Audit & Supervisory Board selects the auditor based on a comprehensive assessment of the audit structure suited to the company's size, independence, expertise and efficiency, as well as whether audits will be conducted appropriately, whether the auditor will support the company's development through audits closely aligned with its management, and whether the audit fees will be appropriate in light of efficient audit work.」
The Audit & Supervisory Board uses the audit structure, independence, expertise, efficiency and audit fees as selection criteria, and evaluates the audit firm's fees, quality and audit capabilities. The audit assistants comprise 2 certified public accountants and 8 others.