Financial Services Agency action against Grant Thornton Taiyo LLC and continuation of the audit
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 24 of 73 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Pursuant to Article 193-2, paragraph 1 of the Financial Instruments and Exchange Act, the company has received an interim review of its interim consolidated financial statements for the interim consolidated accounting period from 1 April 2025 to 30 September 2025 from Taiyo Yugen Audit Corporation.」
Even after the administrative action was disclosed, the interim review framework operated by Grant Thornton Taiyo LLC remains in place. - FY2025-H1RestatedAnnual report
「Pursuant to Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act, we have received an interim review by Taiyo LLC of the interim consolidated financial statements for the interim consolidated accounting period from 1 April 2024 to 30 September 2024.」
Even after the administrative action was disclosed, the interim review framework operated by Grant Thornton Taiyo LLC remains in place. - FY2024First statedAnnual report
「Details of the action: suspension of operations relating to entering into new contracts, 3 months (from 1 January 2024 through 31 March 2024)」
The company disclosed for the first time that its continuing auditor, Grant Thornton Taiyo LLC, had been subject to action by the Financial Services Agency, and that the Audit and Supervisory Committee subsequently continued to appoint it as auditor after reviewing its quality control framework and other matters.