The annual review by the Audit Committee of the Company focuses on the financial statements, the appointment/dismissal and independence assessment of the certified public accountants, the revision of the internal control system and the implementation of internal audits, material assets, derivatives, loans of funds and endorsement/guarantee transactions, matters involving the directors' own interests, and matters of significance as required by the competent authorities. The committee is composed of three independent directors, each with accounting, financial and business expertise.
Meetings are held at least once a quarter and as often as necessary.
The operations for fiscal year 2025 are as follows(Items listed in Article 14-5 of the Securities and Exchange Act)
| Audit Committee |
Session |
Contents of the Proposal
(Items listed in Article 14-5 of the Securities and Exchange Act) |
Audit Committee Decision Results |
Company's Handling of Audit Committee Opinions |
| 2025/02/26 |
the fourth session, the fourth time |
- Annual operating report and financial statements for the fiscal year 2024.
- Assessment of the effectiveness of internal control system and declaration of internal control system for the fiscal year 2024.
- Evaluation of the independence and suitability of the auditor for the fiscal year 2025.
- Appointment of the company's auditor for the fiscal year 2025.
|
All audit committee members had no objections to the proposal, and it was passed accordingly |
Proposed and unanimously approved by all attending directors in the Board meeting |
| 2025/03/31 |
the fourth session, the fifth time |
- The company plans to terminate the private security offering approved by 2024 annual general shareholders' meeting.
- The company plans to conduct the fiscal year 2025 private placement cash capital increase and issue common shares.
- Amendments of the “articles of incorporation”.
|
All audit committee members had no objections to the proposal, and it was passed accordingly |
Proposed and unanimously approved by all attending directors in the Board meeting |
| 2025/04/30 |
the fourth session, the sixth time |
- Financial report for the first quarter of the year 2025.
|
All audit committee members had no objections to the proposal, and it was passed accordingly |
Proposed and unanimously approved by all attending directors in the Board meeting |
| 2025/07/30 |
the fourth session, the seventh time |
- Financial report for the second quarter of the year 2025.
- The company plans to cancel of treasury stock and the associated paid-in capital reduction.
|
All audit committee members had no objections to the proposal, and it was passed accordingly |
Proposed and unanimously approved by all attending directors in the Board meeting |
| 2025/10/30 |
the fourth session, the eighth time
|
- Proposal for the establishment of a new subsidiary.
- Financial report for the third quarter of the year 2025.
- Proposal for amendments to the company's internal control systems.
- Drafting the audit plan for the company for the fiscal year 2026.
|
All audit committee members had no objections to the proposal, and it was passed accordingly |
Proposed and unanimously approved by all attending directors in the Board meeting |
