Meiko Electronics Co.,Ltd. [6787.T]
TOKYO, Jun 04 (Pulse News Wire) – Meiko Electronics CO.,LTD. (6787.T) disclosed that as of March 31, 2026, it had not joined the Public Accounting Oversight Board (PAOB).
According to Tokyo Stock Exchange regulations, companies listed on its Prime Market are required to join the PAOB. However, Meiko stated it does not currently meet the criteria for joining due to its existing robust mechanisms for understanding and responding to accounting standards changes. The company maintains close collaboration with auditing firms and participates in seminars led by certified public accountants to ensure timely and accurate responses to changes in accounting standards.
It also noted that while it has not previously joined the PAOB, it will continue to evaluate the necessity based on future changes in accounting standards. In a statement, Meiko emphasized its commitment to maintaining appropriate systems for grasping the contents of accounting standards and making precise adjustments to any modifications. The company remains open to further discussions and assessments regarding potential membership in the PAOB.
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