Company: DSWL
Filing Date: 2025-07-29
Form Type: 20-F
Source: 0001174947-25-001096
Chunk: 130

Company: DESWELL INDUSTRIES INC
Filing Date: 2025-07-29
Form: 20-F
Item: Item 16K
Chunk 130
---
ITEM 16K. CYBERSECURITY

The Company’s IT staff is tasked with assessing, identifying and managing risks related to cybersecurity threats and is responsible for: (1) monitoring threats to sensitive data and unauthorized access to our systems, (2) implementing access control measures for critical IT systems designed to prevent unauthorized users from accessing IT systems and data, and (3) cybersecurity incident investigations.

The Company’s executive officers oversee the processes to safeguard data and comply with relevant regulations, and has overall responsibility for evaluating cybersecurity risks. The Company does not currently engage any consultants, auditors or otherthird partiesin connection with such processes, given the size and scale of the Company, the resources available, the anticipated expenditures, and the risks that it faces related to cybersecurity. The Company’s executive officers are responsible for overseeing, periodically reviewing, and identifying risks from cybersecurity threats associated with its use of any third-partyservice provided.

During the year ended March31, 2025 and through the date of this Annual Report, the Company has
not
experienced any material cybersecurity incidents or identified any material cybersecurity threats that have affected or are reasonably likely to materially affect us, our business strategy, results of operations or financial condition.

The Company’s board of directors is collectively responsible for oversight of risks from cybersecurity threats. As noted, the Company’s executive officers oversee the overall processes to safeguard data and comply with relevant regulations, and will report any material cybersecurity incidents or material cybersecurity threats to the board. Where necessary in the view of the Company’s executive officers, the Company will consult with external advisors to manage and remediate any cybersecurity incidents.

Table of Contents

PART III

ITEM 17. FINANCIAL STATEMENTS

Not Applicable to Deswell.

ITEM 18. FINANCIAL STATEMENTS

The following financial statements are filed as part of this Report:

                                                                                                                                                                              Page  
  Report of Independent Registered Public Accounting Firm — BDO China Shu Lun Pan Certified Public Accountants LLP, Shenzhen, People’s Republic of China PCAOB ID # 1818      F-1   
  Consolidated Balance Sheets                                                                                                                                                 F-3   
  Consolidated Statements of Comprehensive Income                                                                                                                             F-4   
  Consolidated Statements of Shareholders’ Equity                                                                                                                             F-5   
  Consolidated Statements of Cash Flows                                                                                                                                       F-6   
  Notes to Consolidated Financial Statements                                                                                                                                  F-7   

All other schedules for which provisions are made in the applicable accounting regulations of the Securities and Exchange Commission are not required under the related instructions or are in