Confirmation of reappointment following disciplinary action against the audit firm
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 24 of 73 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「For the 84th fiscal year, based on reports received directly from the audit firm and reports and interviews with the relevant departments of the Company, the Audit & Supervisory Board determined that KPMG AZSA LLC, the accounting auditor, met the evaluation criteria of the Audit & Supervisory Board.」
Based on reports and other information from the audit firm, the Audit & Supervisory Board determined that it met the evaluation criteria, and continues to conduct the evaluation that forms the basis for reappointment. - FY2021First statedAnnual report
「Regarding the disciplinary action taken in March 2021 against KPMG AZSA LLC by the Japanese Institute of Certified Public Accountants, which suspended its membership rights for 1 month, the Audit & Supervisory Board conducted an inquiry and confirmed that the individual who had violated the training obligation was not involved in the Company’s financial statement audits and that the “6 corrective measures” presented by KPMG AZSA LLC had been properly implemented. It therefore confirmed that there was no impediment to reappointment.」
The Audit & Supervisory Board reviewed the disciplinary action against the audit firm, confirmed the extent of its involvement and implementation of the 6 corrective measures, and determined that there was no impediment to reappointment.