Change in Accounting Auditor
THE BANK OF KOCHI,LTD.
Accounting auditors: Taiyo Audit Corporation (incoming), KPMG AZSA LLC (outgoing)
After considering the extended period for which the current accounting auditor has conducted audits, the company expects an audit from a fresh perspective and comprehensively considered the firms' expertise, independence, quality control systems and audit fee levels, among other factors.
The company plans to submit the proposal, "Appointment of Accounting Auditor," to the 146th Annual General Meeting of Shareholders scheduled for 26 June 2026. The current accounting auditor is scheduled to leave office at the conclusion of that meeting.
| Item | Details |
|---|---|
| Event name | Change in Accounting Auditor |
| Date of occurrence | 25 May 2026 (change resolved by the Audit & Supervisory Board and the Board of Directors) |
| Subject Entity | THE BANK OF KOCHI,LTD. |
| Target Locations / Products | Accounting auditors: Taiyo Audit Corporation (incoming), KPMG AZSA LLC (outgoing) |
| Cause | After considering the extended period for which the current accounting auditor has conducted audits, the company expects an audit from a fresh perspective and comprehensively considered the firms' expertise, independence, quality control systems and audit fee levels, among other factors. |
| Outlook | The company plans to submit the proposal, "Appointment of Accounting Auditor," to the 146th Annual General Meeting of Shareholders scheduled for 26 June 2026. The current accounting auditor is scheduled to leave office at the conclusion of that meeting. |
Items this document does not state (19)
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.As the current accounting auditor has served as auditor for an extended period, the company expects an audit from a fresh perspective. After comprehensively considering the firms' expertise, independence, quality control systems and audit fee levels, among other factors, the company determined that Taiyo Audit Corporation is suitable for the role.