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Investor Presentaiton

Copy of Audit Report of the Accounting Auditor concerning Consolidated Financial Statements [English Translation of the Independent Auditor's Report Originally Issued in the Japanese Language] Independent Auditor's Report The Board of Directors East Japan Railway Company May 8, 2023 KPMG AZSA LLC Tokyo Office, Japan Designated Limited Liability Partner Engagement Partner Certified Public Accountant Kazuhiko Azami Designated Limited Liability Partner Engagement Partner Certified Public Accountant Hideki Yoshida Designated Limited Liability Partner Engagement Partner Certified Public Accountant Naoki Saito Opinion We have audited the consolidated financial statements, which comprise the consolidated balance sheet, the consolidated statement of income, the consolidated statement of changes in net assets and the related notes of East Japan Railway Company ("the Company") and its consolidated subsidiaries (collectively referred to as "the Group"), as at March 31, 2022 and for the year from April 1, 2022 to March 31, 2023 in accordance with Article 444-4 of the Companies Act. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position and the results of operations of the Group for the period, for which the consolidated financial statements were prepared, in accordance with accounting principles generally accepted in Japan. Basis for Opinion We conducted our audit in accordance with auditing standards generally accepted in Japan. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the consolidated financial statements in Japan, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Other Information The other information comprises the business report and its supplementary schedules. 65
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