SUMIDA: Company News

Change of the Independent Auditor

February 24th 2009
Press Release

SUMIDA CORPORATION hereby inform you that, based on the Audit Committee’s decision, we have decided to submit the agenda on changing of independent auditor to the Annual General Meeting of Shareholders as approved by the Board of Directors meeting held today.

  1. Reason of Change
    Our independent auditor is currently Ernst & Young ShinNihon LLC. However, considering that the tenure of office of the said auditor will expire at the end of this Annual General Meeting of Shareholders to be held in March and that we have continuously assigned the auditor to perform its independent audits over a long period of time, we decided to submit the agenda to request the appointment of KPMG AZSA & Co. as a new independent auditor in place of Ernst & Young ShinNihon LLC.
  2. Name and Address of the Current Independent Auditor
    Name:  Ernst & Young ShinNihon LLC.
    Address:  Hibiya Kokusai Bldg., 2-2-3 Uchisaiwai-cho, Chiyoda-ku, Tokyo
  3. Name and Address of the New Independent Auditor
    Name:  KPMG AZSA & Co.
    Address:  1-2 Tsukudo-cho, Shinjuku-ku, Tokyo
  4. Date of Change
    The change will be effective as from March 28, 2009 (the date of 54th Annual General Meeting of Shareholders). The new independent auditor will carry out statutory audit from FY2009 (ending December 31).

Please click on the press release link above for the pdf version of this article.