Change in Accounting Auditor
KOITO MANUFACTURING CO.,LTD. (the filing company)
The company compared and considered multiple audit firms in light of the extended period for which the current accounting auditor, Ark Audit Corporation, has been responsible for the audit. The reasons stated for selecting the candidate include a fresh perspective, a global audit structure, expertise, independence, quality control systems and the appropriateness of audit fees.
The company plans to submit the proposal concerning the appointment of an accounting auditor to the 126th annual general meeting of shareholders scheduled for 26 June 2026. At the conclusion of that meeting, Ark Audit Corporation is scheduled to retire and Deloitte Touche Tohmatsu LLC is scheduled to take office.
| Item | Details |
|---|---|
| Event name | Change in Accounting Auditor |
| Date of occurrence | 26 June 2026 (scheduled date of the 126th annual general meeting of shareholders and date of change) |
| Subject Entity | KOITO MANUFACTURING CO.,LTD. (the filing company) |
| Cause | The company compared and considered multiple audit firms in light of the extended period for which the current accounting auditor, Ark Audit Corporation, has been responsible for the audit. The reasons stated for selecting the candidate include a fresh perspective, a global audit structure, expertise, independence, quality control systems and the appropriateness of audit fees. |
| Outlook | The company plans to submit the proposal concerning the appointment of an accounting auditor to the 126th annual general meeting of shareholders scheduled for 26 June 2026. At the conclusion of that meeting, Ark Audit Corporation is scheduled to retire and Deloitte Touche Tohmatsu LLC is scheduled to take office. |
Items this document does not state (20)
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.The company explains that, because the current accounting auditor has been responsible for the audit for an extended period, it compared and considered multiple audit firms and, after comprehensively evaluating factors including a fresh perspective, a global audit structure, expertise, independence, quality control systems and the appropriateness of audit fees, determined that Deloitte Touche Tohmatsu LLC was suitable. The company also states that the current accounting auditor has been conducting audits appropriately.