May 11, 2023
To whom it may concern
Company: Teijin Limited
Representative: Akimoto Uchikawa, President and CEO
Stock code: 3401 (Prime Market, Tokyo Stock Exchange)
Contact: Naoki Hamashima, General Manager,
Investor and Public Relations Department
TEL: +81-3-3506-4395
Notice Regarding Voluntary Adoption of
International Financial Reporting Standards (IFRS)
Teijin Limited (hereinafter, the “Company”) hereby announces that the Board of Directors has
resolved in their meeting held today that the Company will voluntarily adopt International Financial
Reporting Standards (hereinafter, “IFRS”) for its consolidated financial statements from the fiscal year
ending March 31, 2025 and will start disclosing under IFRS from the 1st quarter of the fiscal year
ending March 31, 2025.
The decision to voluntarily adopt IFRS has been made in order to improve the international
comparability of financial information, which will contribute to bringing further convenience to its
stakeholders, and to establish a global management base by unifying accounting standard across
Teijin group.
The disclosure schedule under this voluntary adoption of IFRS is as follows.
Disclosure schedule:
Accounting period
Disclosure documents
Accounting standard
Fiscal year
ending
March 31,
2024
1
st
,2
nd
and
3
rd
quarter
Consolidated Financial Results
Japanese GAAP
Quarterly Securities Report
Year-end
Consolidated Financial Results*
Consolidated Financial Statements
Annual Securities Report
Fiscal year
ending
March 31,
2025
1
st
, 2
nd
and
3
rd
quarter
Consolidated Financial Results
IFRS
Quarterly Securities Report
Year-end
Consolidated Financial Results
Consolidated Financial Statements
Annual Securities Report
*The Company plans to disclose forecast for operating results for the fiscal year ending March 31, 2025 under
IFRS.
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