Ebrains (6599) · RiskMitigated
Administrative Sanctions Against Accounting Auditors and Monitoring of Audit Quality
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Continued Appointment of an Audit Firm Under Administrative SanctionsA theme 77 companies write about · 72 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2024: 24 of 69 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 77 companies compared. The sentences above are computed from all 77.Full recordFilings, disclosures and news, newest first
- FY2025MitigatedAnnual report
「Based on this information, the Audit & Supervisory Board determined that there was no issue with selecting 太陽有限責任監査法人 as the company's independent auditor and resolved to reappoint it. The Audit & Supervisory Board will continue to monitor improvements in the audit quality of 太陽有限責任監査法人.」
The company reviewed the audit firm's business improvement plan and progress, recognized a certain degree of improvement, and reappointed the firm. It states that improvements in audit quality will continue to be monitored. - FY2024First statedAnnual report
「In addition, 太陽有限責任監査法人 received an administrative order from the Financial Services Agency to suspend operations, dated 26 December 2023, the details of which are as follows.」
The independent auditor received an order from the Financial Services Agency suspending its operations relating to entering into new contracts from 1 January through 31 March 2024 because it had certified financial statements containing material misstatements in an audit of another company. The company reviewed the progress of the auditor's business improvement plan, determined that there was no impact on its audit, and resolved to reappoint the auditor, while continuing to monitor improvements in audit quality.