JAPAN POWER FASTENING CO.,LTD. [5950.T]
TOKYO, Mar 26 (Pulse News Wire) – Japan Power Fastening CO.,LTD. (5950.T) disclosed that as of December 31, 2025, it had not joined the Public Accounting Oversight Foundation, adhering to the listing regulations set forth by the Tokyo Stock Exchange's Article 409-2.
The company stated that as of the end of its fiscal year on December 31, 2025, it was not a member of the Public Accounting Oversight Foundation. However, Japan Power Fastening maintains robust mechanisms to ensure accurate understanding and timely responses to changes in accounting standards through close collaboration with auditing firms, participation in various seminars, and regular engagement with publications related to accounting and taxation.
Regarding future membership in the Public Accounting Oversight Foundation, the company indicated that it would continue to evaluate the decision based on ongoing trends in accounting standards, considering factors such as its operational scale and cost-benefit analysis.
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