Change in the Method for Translating Income and Expenses of Overseas Subsidiaries and Other Entities Using Average Exchange Rates for the Period
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
14 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Revenue and expenses of overseas subsidiaries and other entities were previously translated into yen using the spot exchange rate at the balance sheet date. However, in light of the increasing significance of overseas subsidiaries and other entities and substantial exchange-rate fluctuations in recent years, the translation method has been changed from the beginning of the current consolidated fiscal year to using the average exchange rate during the period.」
The translation of revenue and expenses of overseas subsidiaries and other entities using the average exchange rate during the period, introduced in the previous interim period, was also applied to the annual financial statements, and comparative figures for the previous fiscal year are presented after retrospective application. - FY2025-H1First statedAnnual report
「Revenue and expenses of overseas subsidiaries and other entities were previously translated into yen using the spot exchange rate at the balance sheet date. However, in light of the increasing significance of overseas subsidiaries and other entities and substantial exchange-rate fluctuations in recent years, the translation method has been changed from using the spot exchange rate at the balance sheet date to using the average exchange rate during the period, effective from the beginning of the current interim consolidated accounting period.」
In light of the increasing significance of overseas subsidiaries and other entities and exchange-rate fluctuations, the translation method for revenue and expenses was changed on 1 April 2024 from the spot exchange rate at the balance sheet date to the average exchange rate during the period. Comparative figures for the previous interim period and previous fiscal year are presented after retrospective application.