Preparation for Adoption of the Lease Accounting Standard

「“Accounting Standard for Leases” (ASBJ Statement No. 34, 13 September 2024), “Implementation Guidance on Accounting Standard for Leases” (ASBJ Guidance No. 33, 13 September 2024), and amendments to related accounting standards, implementation guidance, Practical Response Reports and Transfer Guidance (1) Overview These establish accounting requirements, including recognizing assets and liabilities for all leases of lessees, in line with international accounting standards. (2) Planned effective date Scheduled to apply from the beginning of the fiscal year ending March 2028. (3) Impact of applying the accounting standards and related guidance The amount of the impact is under evaluation as of the preparation of these consolidated financial statements.」