Change in the Method of Recording Research Expenses in Response to Contract Research Grants

「Previously, we recorded grants from commissioned research institutions as non-operating income under “Grant income,” but from the previous fiscal year we changed to deducting them from selling, general and administrative expenses. We also previously recorded costs eligible for grants from commissioned research institutions under selling, general and administrative expenses, but from the first quarter accounting period we changed to capitalising them under “Other” in current assets until the commissioned research is completed.」