Change of Accounting Auditor
First written in FY2020. 1 of 4 entries say "Achieved", first in FY2021-Q1. Latest entry: FY2025.
- FY2025RestatedAnnual report
「The assistants involved in our accounting audit work comprise 2 certified public accountants and 12 other audit personnel.」
The audit by Grant Thornton Taiyo LLC is continuing, and the Audit & Supervisory Board has assessed its quality control, independence and expertise, among other factors, and determined that there are no grounds for non-reappointment. - FY2024Continued appointment following disciplinary action against the audit firmAnnual report
「The Company received an explanation from 太陽有限責任監査法人 regarding the details of the disciplinary action and an outline of its business improvement plan, and confirmed that the business improvements were substantially complete. Based on the Company's audit experience and its assessment of the firm's ability to perform its duties, audit structure and quality control structure, the Company determined that there was no issue with selecting it as the audit firm because it was appropriately performing its duties.」
It states that, after confirming the status of business improvements following administrative action against the appointed Grant Thornton Taiyo LLC, the company decided to continue appointing it as the accounting auditor. - FY2021-Q1AchievedAnnual report
「Pursuant to Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act, we have received a quarterly review by Grant Thornton Taiyo LLC of the quarterly consolidated financial statements for the first quarter of the consolidated accounting period (from 1 August 2020 to 31 October 2020) and the first-quarter cumulative consolidated period (from 1 August 2020 to 31 October 2020).」
The previously decided change of accounting auditor was implemented, and Grant Thornton Taiyo LLC is conducting the quarterly review for the first quarter of the 16th fiscal year. - FY2020First statedAnnual report
「While we were working to reduce expenses, our current accounting auditor proposed an upward revision to the audit fees for the fiscal year ending July 2021. This prompted us to comprehensively compare and consider several audit firms, including the current auditor, based on their quality-control systems, expertise, independence and audit fee levels. As a result, we decided on the details of a proposal to appoint 太陽有限責任監査法人 as the new accounting auditor.」
It states that, on 28 October 2020, after comparing audit quality, expertise, independence and audit fees, it decided on a proposal for the accounting auditor to change from KPMG AZSA LLC to Grant Thornton Taiyo LLC.