TOKYO, Jun 01 (Pulse News Wire) – Lapine CO.,LTD. (8143.T) disclosed on June 01 that as of February 28, 2026, it had not joined the Public Accounting Oversight Foundation (PAOF).
According to the Tokyo Stock Exchange's listing regulations, companies are required to join PAOF based on Article 409-2 of the Securities Listing Regulations. The company stated that as of the end of its fiscal year on February 28, 2026, it remained unaffiliated with the PAOF. To ensure appropriate understanding and timely responses to changes in accounting standards, Lapine has strengthened collaboration with auditing firms and sought advice from knowledgeable trading partners.
Additionally, the company has implemented internal training programs and participated in seminars. Regarding future plans to join the PAOF, Lapine acknowledged the importance of aligning with the organization to improve internal controls but cited current cost-cutting measures due to challenging economic conditions. The decision to join will depend on the company’s future size and operational status.
🟢 Confidence: High AI-translated content.