KDDI Corporation announces that at the meeting of the Board of Directors held on March 12, 2015, it resolved to begin disclosing its consolidated financial statements according to IFRS from the first quarter of the fiscal year ending March 31, 2016.
The KDDI Group has decided to voluntarily adopt IFRS to facilitate international comparisons of its financial information and enhance disclosure, thereby making the information it supplies more useful to domestic and overseas investors, as well as its various other stakeholders.
Disclosure methods by fiscal period are outlined below.
Consolidated financial statements, until the fiscal year ending March 31, 2015...Japanese GAAP We plan to disclose the consolidated financial results forecast for the year ending March 31, 2016 on the IFRS basis in the consolidated financial statement.
Consolidated financial statements from the first quarter of the fiscal year ending March 31, 2016...IFRS Thereafter, disclosure will be based on IFRS.
The information contained in the articles is current at the time of publication.
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