TOKYO, Jun 15 (Pulse News Wire) – Matsumoto Inc. (7901.T) announced today that its board of directors and audit committee held meetings, to decide on the appointment of a new auditor.
The company will propose the selection of Kasei Audit Corporation as the new auditor at its upcoming 38th Annual General Meeting scheduled for July 23, 2026. Kasei Audit Corporation, based at 5-2-33 IsaI AkasakA 710 in Tokyo, Minato Ku Akasaka, will take over the role from EY Shin Nihon LLC, which has served since 1990. The decision was made considering the need for a suitable audit structure aligned with the company's scale, expertise, independence, quality management systems, and reasonable remuneration levels.
EY Shin Nihon LLC’s tenure ends upon the conclusion of the shareholders' meeting on July 23, 2026. The company evaluated the long-standing service of the incumbent auditor along with the necessity for appropriate auditing measures and costs relative to its operations, leading to the choice of Kasei Audit Corporation. Both the outgoing auditor and the audit committee support the transition, deeming it appropriate.
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