TOKYO, May 15 (Pulse News Wire) – TB Group Inc. (6775.T) announced today that its board of directors and audit committee resolved to replace its auditor, Masabora CPA Firm, with Kiyosato CPA Firm effective June 26, 2026.
The decision follows Masabora CPA Firm's rejection from the listing of certified public accountants for listed companies by the Japan Institute of Certified Public Accountants. Masabora CPA Firm’s registration was denied due to past issues, making it impossible for the firm to continue auditing TB Group beyond March 2026. In light of this situation, the company conducted a thorough review of potential auditors and concluded that Kiyosato CPA Firm would be suitable for ensuring appropriate oversight of TB Group's operations and reasonable audit fees.
Kiyosato CPA Firm, based in Tokyo, Minato Ku Akasaka, will take over the role from Masabora CPA Firm, which has held the position since July 28, 2009. The incoming firm has confirmed its willingness to assist with the transition of ongoing audit work. The company plans to propose the appointment of Kiyosato CPA Firm during its 92nd annual shareholders' meeting scheduled for June 26, 2026.
Both Masabora CPA Firm and the audit committee agree that the replacement is necessary and appropriate.
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