ZENSHO HOLDINGS CO.,LTD. [7550.T]

TOKYO, May 08 (Pulse News Wire) – Zensho Holdings CO.,LTD. (7550.T) announced today that its audit committee resolved to appoint a new auditor effective June 26, 2026, during their meeting held.

Additionally, the board of directors plans to propose the appointment of the new auditor at the upcoming 44th annual shareholders meeting scheduled for June 26, 2026. The new auditor, EY Shin Nihon LLC, will take over from PwC Japan LLC, which has served since June 21, 2011. The decision was made based on considerations such as expertise, independence, quality control systems, and reasonable remuneration, as well as the overall assessment of the company's operating environment.

PwC Japan LLC’s term ends upon the conclusion of the annual shareholders meeting on June 26, 2026. The audit committee concluded that while PwC Japan had maintained appropriate oversight mechanisms, changing auditors aligns with best practices and ensures continued robust governance. Both PwC Japan and the audit committee agree with the transition plan.

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