Kyowakogyosyo Not Joining Accounting Standards Organization Despite Listing Requirements

TOKYO, Jul 24 (Pulse News Wire) – Kyowakogyosyo CO.,LTD. (5971.T) disclosed on July 24 that as of April 30, 2026, the company had not joined the Public Accounting Foundation, which is required under Tokyo Stock Exchange Rule 409-2.

The company stated that while it was actively working to ensure accurate understanding and timely responses to changes in accounting standards through close collaboration with auditing firms, internal system improvements, employee training, and participation in various seminars, it remains undecided on joining the foundation due to ongoing considerations regarding future business expansion and cost-benefit analysis. Kyowakogyosyo emphasized that it would continue evaluating the decision based on potential impacts and benefits associated with joining the organization.