Resignation of 海南監査法人, the Company's accounting auditor
MEDIA LINKS CO.,LTD. (filing company) and 海南監査法人
Through the handover of audit work from the predecessor auditor, it was unable to obtain sufficient appropriate audit evidence necessary to form an audit opinion regarding, among other matters, the recoverability of inventories for fiscal years ending on or before March 2026, and it was extremely difficult to secure the human resources required to perform additional audit procedures.
Related procedures
Resignation of accounting auditor and appointment procedures for a temporary accounting auditor
The Company is proceeding with the necessary steps to appoint a temporary accounting auditor as soon as practicable and will promptly announce the appointment once the temporary accounting auditor has been determined.
The Company will promptly announce the appointment once the temporary accounting auditor has been determined.
| Item | Details |
|---|---|
| Event name | Resignation of 海南監査法人, the Company's accounting auditor |
| Date of occurrence | 23 July 2026 (date of resignation) |
| Date recognized / date notice received | 24 July 2026 (date of receipt of the resignation notice) |
| Subject Entity | MEDIA LINKS CO.,LTD. (filing company) and 海南監査法人 |
| Cause | Through the handover of audit work from the predecessor auditor, it was unable to obtain sufficient appropriate audit evidence necessary to form an audit opinion regarding, among other matters, the recoverability of inventories for fiscal years ending on or before March 2026, and it was extremely difficult to secure the human resources required to perform additional audit procedures. |
| Type of litigation or proceeding | Resignation of accounting auditor and appointment procedures for a temporary accounting auditor |
| Outlook | The Company is proceeding with the necessary steps to appoint a temporary accounting auditor as soon as practicable and will promptly announce the appointment once the temporary accounting auditor has been determined. |
| Planned follow-up disclosure | The Company will promptly announce the appointment once the temporary accounting auditor has been determined. |
Items this document does not state (17)
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.Through the handover of audit work from the predecessor auditor, it was unable to obtain sufficient appropriate audit evidence necessary to form an audit opinion regarding, among other matters, the recoverability of inventories for fiscal years ending on or before March 2026, and it was extremely difficult to secure the human resources required to perform additional audit procedures.