Translation of Foreign Subsidiaries' Revenues and Expenses Using Average Exchange Rates for the Period
First written in FY2026-H1. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Previously, revenue and expenses of overseas subsidiaries and other entities were translated into yen using the spot exchange rate on the closing date of each entity’s fiscal period. From the beginning of the current consolidated fiscal year, we have changed to a method using the average exchange rate during the period.」
Against the backdrop of overseas business expansion and foreign exchange fluctuations, we began translating the revenue and expenses of overseas subsidiaries using the average exchange rate during the period from the beginning of the current fiscal year. - FY2026-H1First statedAnnual report
「Previously, revenue and expenses of overseas subsidiaries and other entities were translated into yen using the spot exchange rate on the closing date of each entity’s fiscal period. From the beginning of the current interim consolidated accounting period, we have changed to a method using the average exchange rate during the period.」
Against the backdrop of overseas business expansion and foreign exchange fluctuations, we changed our accounting policy from the beginning of fiscal 2025 to translate the revenue and expenses of overseas subsidiaries and other entities using the average exchange rate during the period.