Business Context and Reporting Period
This Form 8-K filing by Vishay Intertechnology, Inc. (VSH) reports a change in the company's independent registered public accounting firm. The report date is January 7, 2026, covering the decision to appoint a new auditor for the fiscal year ending December 31, 2026.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
- Appointment of New Auditor: The Audit Committee selected Deloitte & Touche LLP to serve as the independent registered public accounting firm for the fiscal year ending December 31, 2026, and related interim periods.
- Dismissal of Prior Auditor: Ernst & Young LLP (EY) was dismissed as the independent registered public accounting firm, effective upon the issuance of its reports for the year ended December 31, 2025.
- Audit History: EY's audit reports for the fiscal years ended December 31, 2024, and December 31, 2023, contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
Guidance, Outlook, and Risks
Management Commentary and Disagreements: The company confirmed that during the fiscal years ended December 31, 2024 and 2023, and the subsequent interim period through January 7, 2026, there were no "disagreements" or "reportable events" between the company and EY regarding accounting principles, financial statement disclosure, or auditing scope.
Consultation with New Auditor: The company stated that neither it nor anyone acting on its behalf consulted with Deloitte regarding the application of accounting principles to specified transactions or the type of audit opinion that might be rendered prior to the appointment.
Risks and Contingencies: No specific financial risks or contingencies are detailed in this filing beyond the standard transition of audit responsibilities.
Important Facts for Investors to Verify
- Verify the effective date of Deloitte's engagement letter and client acceptance procedures.
- Review the upcoming Form 10-K for the year ended December 31, 2025, to confirm the final audit opinion issued by EY.
- Examine Exhibit 16.1 (Letter from Ernst & Young LLP) to ensure the former auditor agrees with the company's statements regarding the dismissal and lack of disagreements.
- Monitor future filings for any initial observations or scope changes introduced by the new auditor, Deloitte.