Village Vanguard Appoints New Auditor for Upcoming Shareholders Meeting

TOKYO, Jul 09 (Pulse News Wire) – Village Vanguard CO.,LTD. (2769.T) announced today that at its audit committee meeting held on July 09, 2026, it resolved to appoint a new auditor in accordance with Article 193(2) of the Financial Instruments and Exchange Act.

The decision was made to nominate Face Audit Corporation as the candidate for the accounting auditor for the 38th Annual General Meeting of Shareholders scheduled for July 09, 2026. The appointment of Face Audit Corporation follows a comprehensive evaluation of their auditing capabilities, independence, expertise, efficiency, quality control systems, and remuneration. The company believes that Face Audit Corporation is well-suited to handle the auditing needs of Village Vanguard CO.,LTD. due to its ability to adapt to the company's scale and ensure appropriate auditing procedures.

Face Audit Corporation, located at Face Kansa Houjin, Tokyo, Shibuya Ku Ebisu Minami San Choume 1-24, will be led by executive members Nakagawa Shunsuke and Harada Tomohiro. They will replace Limited Liability Central Comprehensive Audit Corporation, which has served since August 28, 2025 (interim appointment on September 18, 2024). Limited Liability Central Comprehensive Audit Corporation did not express any particular opinions regarding the change. The audit committee concluded that the move aligns with the company’s strategic goals and ensures effective oversight moving forward.