Transition to Voluntary IFRS Adoption
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
38 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「Sony has disclosed condensed quarterly consolidated financial statements in accordance with IFRS since the first quarter of fiscal 2021.」
The Company adopted IFRS from the first quarter of fiscal 2021, replacing the previously applied U.S. accounting standards, and began disclosing IFRS-based quarterly consolidated financial statements. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 3 February 2021, the Company announced that it would voluntarily adopt International Financial Reporting Standards (hereinafter “IFRS”) for its consolidated financial statements and consolidated accounting documents, replacing the previously applied U.S. GAAP, with the aim of further improving the efficiency and maintaining the quality of its medium- to long-term financial and management reporting systems, as well as enhancing the international comparability of financial information in the capital markets.」
The Company decided to voluntarily adopt IFRS from the first quarter of fiscal 2021, replacing the previously applied U.S. GAAP.