Application of Revenue Recognition, Fair Value Measurement and U.S. Lease Accounting Standards

「The company applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first-quarter consolidated accounting period, recognizing revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer. It also applied the Accounting Standard for Fair Value Measurement and related standards from the beginning of the first-quarter consolidated accounting period, applying the new accounting policies prescribed by the fair value measurement standards prospectively. At overseas subsidiaries applying US GAAP, ASU 2016-02, Leases, has been applied from the first-quarter consolidated accounting period.」