REVO International Inc. [5022.T]
TOKYO, Jun 10 (Pulse News Wire) – REVO International Inc. (5022.T) has decided to terminate its audit contract with PwC Japan LLP effective June 10, 2026, according to a notice released today.
The decision was made during a board meeting held earlier this week. The agreement with PwC Japan LLP, which began on March 29, 2022, was terminated based on mutual consent. The move follows the establishment of a special investigation committee and revised earnings forecasts for the fiscal year ending March 2026.
REVO International cited cost reduction and resource reallocation towards business growth and technology expansion as key reasons for the termination. REVO International's CFO, Keiko Moritani, confirmed that the company had reached an understanding with PwC Japan LLP regarding the transition of auditing responsibilities. The firm also stated that it would promptly announce the selection of a successor audit firm once finalized.
In addition, the company is actively working to ensure the publication of issuer information upon receiving the results of the ongoing special investigation.
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