The business environment is constantly changing, and recent developments in particular have been dramatic. Geopolitical risks are becoming increasingly apparent, and factors such as energy issues, rising prices, and significant fluctuations in exchange rates, interest rates and share prices are making it difficult to predict the future. In particular, technological progress has been remarkable. As I understand it, artificial intelligence will not only improve operational efficiency but will also bring about a major transformation in human behaviour itself, including corporate management. The impact of these recent environmental changes on the economy, society and corporate management is immeasurable.
Audit firms, which play a vital role in ensuring the reliability of capital markets—a key component of economic and social infrastructure—have always borne a significant responsibility. Given that risks are constantly evolving in the context of the significant environmental changes described above, we must continually adapt our approach to auditing and our methodologies, taking these factors fully into account. In this respect, as the demands placed on us as an audit firm continue to become increasingly sophisticated, we intend to remain vigilant in accurately assessing ‘changes’ in the economic environment and taking appropriate action.
In this rapidly changing environment, we aim to enhance the quality of our audit work by further promoting the use of artificial intelligence and data, and by strengthening our human capital. I believe that by promoting the use of artificial intelligence and data, we will not only improve efficiency but also be able to tackle areas that lie beyond human capabilities, thereby creating an environment in which people can focus on more sophisticated decision-making tasks that only humans can perform. We will strive to make appropriate use of advanced technology and further strengthen our human capital to ensure that we can make sound audit judgements. Gyosei & Co. places great importance on concepts such as an independent and self-reliant spirit, trust, passion, humanity, a desire to contribute, an open and free-flowing culture of communication, and the development of the next generation, which it has designated as ‘Our Action’, a set of guiding principles. Precisely because we live in an era of remarkable technological advancement, we place great importance on ‘Our Action’ as a guide to human conduct, and we aim to build an organisation that is a collective of ‘professionals’.
Gyosei & Co. conducts high-quality audits to ensure the integrity of the capital markets. All our members strive to improve together so that we may become the audit firm of choice for society, thereby contributing to the development of the capital markets and the wider economy.
中川 隆之
Takayuki Nakagawa
Managing Partner