IR News

【PARK24 Co., Ltd. 】Notice of Change of Accounting Auditor

Park 24 Co., Ltd. announced today that Misuzu Audit Corporation, the Company's auditors, will resign effective July 31, 2007. Details are as follows:


1. Background for change
  Misuzu Audit Corporation, the Company's auditor, will be dissolved on July 31, 2007 and will discontinue its audit services. Consequently, it will resign as the Company's auditor.

2. Name and address of resigning auditor
  Name   : Misuzu Audit Corporation
  Address: Kasumigaseki Bldg., 3-2-5, Kasumigaseki, Chiyoda-ku Tokyo

3. Date of resignation
  July 31, 2007

4. Future outlook
  To avoid a situation in which it does not have an auditor and to ensure continuous audit services, the Company plans to appoint Ernst & Young ShinNihon as temporary auditor at a meeting of the Board of Statutory Auditors to be held on August 1, 2007. The appointment will be made based on the provisions of Paragraphs 4 and 6 of Article 346 of the Corporate Code.
  We have been notified by Ernst & Young ShinNihon that, if the Company resolves to appoint Ernst & Young ShinNihon as temporary auditor, Ernst & Young ShinNihon will accept the appointment.

 Name and address of temporary auditor:
  Name    :Ernst & Young ShinNihon
  Address: Hibiyakokusai Bldg., 2-2-3, Uchisaiwaicho, Chiyoda-ku Tokyo
  Scheduled date of assumption of office: August 1, 2007