Tenma Corporation to change independent auditor

Tenma Corporation announced that it will change its independent auditor from Russell Bedford HIBISCUS to UHY Tokyo & Co., effective June 25, 2025. This decision was made at a meeting of the Audit & Supervisory Board on May 21, 2025. The change results from the business integration of Russell Bedford HIBISCUS Tokyo Office and UHY Tokyo & Co., slated for July 1, 2025. Tenma Corporation anticipates that this transition will maintain continuity in audits and ensure appropriate auditing practices from a global perspective. The company believes UHY Tokyo & Co. is a suitable candidate due to their expertise and quality control systems. Russell Bedford HIBISCUS's term expires at the conclusion of the 77th Ordinary General Meeting of Shareholders. The company reports that the outgoing auditor had no particular opinions regarding the change, and the Audit & Supervisory Board deems the change appropriate.