Notice Regarding Change of Accounting Auditor
27 March 2019 - 5:04PM
Internet Initiative Japan Inc. ("IIJ", NASDAQ: IIJI, TSE1: 3774)
announced that IIJ’s Board of Auditors held today resolved to
change the accounting auditor responsible for audit certification
as set forth in the Article 193-2, §1 and 2 of the Financial
Instruments and Exchange Act. This issue will be decided formally
by the approval at the 27th Ordinary General Meeting of
Shareholders scheduled for June 27, 2019.
1. |
Planned date of the
change |
|
|
|
June 27,
2019 (scheduled date of the 27th Ordinary General Meeting of
Shareholders) |
|
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|
|
|
|
2. |
Overview of
incoming and outgoing accounting auditor |
|
|
|
(1)
Overview of incoming accounting auditor |
|
|
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Name |
|
KPMG AZSA
LLC |
|
Address |
|
1-2
Tsukudo-cho, Shinjuku-ku, Tokyo |
|
Names of
the accountants who will audit IIJ |
|
Kaneko
Hiroto, Matsumoto Yusuke |
|
Status
of registration in the Japanese Institute of certified public
accountants’ registration program for accounting firms that audit
publicly traded companies |
|
Registered |
|
|
|
|
|
(2)
Overview of outgoing accounting auditor |
|
|
|
Name |
|
Deloitte
Touche Tohmatsu LLC |
|
Address |
|
Marunouchi Nijubashi Building3-2-3 Marunouchi, Chiyoda-ku,
Tokyo |
|
Names of
the accountants auditing IIJ |
|
Kumiko
Aso, Norihiro Watanabe |
|
|
|
|
3. |
Reasons
for selecting KPMG AZSA LLC as a candidate for a new accounting
auditor |
|
|
|
IIJ’s Board of Auditors has selected KPMG AZSA LLC as a
candidate for a new accounting auditor as the Board concluded that
KPMG AZSA LLC is qualified for the role based on comprehensive
reviews such as their auditing policy including their audit
implementation, the assessment system in preparation for
International Financial Reporting Standards (IFRS) opinions, and
the quality control system including assurance of
independence. |
|
|
|
|
4. |
Latest
appointment date of the outgoing accounting auditor |
|
|
|
June 28,
2018 |
|
|
|
|
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5. |
Opinions
in the audit reports prepared by the outgoing accounting auditor in
the past three years |
|
|
|
Not
applicable |
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|
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|
6. |
Reasons
for and background of the decision to changes |
|
|
|
The term of current engagement with Deloitte Touche Tohmatsu
LLC will expire at the conclusion of the 27th Ordinary General
Meeting of Shareholders scheduled to be held on June 27, 2019. The
Board of Auditors judged it is an appropriate timing to select a
new accounting auditor by considering approximately 23 years of
auditing period with the current accounting auditor as well as the
timing of our planned voluntary adoption of IFRS. |
|
|
|
|
7. |
Opinions of the outgoing certified public accountants, etc.
concerning the statements in audit reports and other documents
regarding the reasons and background of the decision described in
6. |
|
IIJ
received a reply stating that there is no particular opinion. |
|
|
About IIJFounded
in 1992, IIJ is one of Japan's leading Internet-access and
comprehensive network solutions providers. IIJ and its group
companies provide total network solutions that mainly cater to
high-end corporate customers. IIJ's services include high-quality
Internet connectivity services, systems integration, cloud
computing services, security services and mobile services.
Moreover, IIJ has built one of the largest Internet backbone
networks in Japan that is connected to the United States, the
United Kingdom and Asia. IIJ listed on the U.S. NASDAQ Stock Market
in 1999 and on the First Section of the Tokyo Stock Exchange in
2006.
The statements within this release contain forward-looking
statements about our future plans that involve risk and
uncertainty. These statements may differ materially from actual
future events or results. Readers are referred to the documents
furnished by Internet Initiative Japan Inc. with the SEC,
specifically the most recent reports on Forms 20-F and 6-K, which
identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements.
For inquiries, contact:IIJ Investor Relations Tel:
+81-3-5205-6500 E-mail: ir@iij.ad.jp URL:
https://www.iij.ad.jp/en/ir
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