World Co., Ltd.
Notice Regarding Early Adoption of IFRS 18
World Co., Ltd. will early adopt IFRS 18 starting from the fiscal year beginning on March 1, 2026, aiming to unify the definition of operating income and enhance transparency of the revenue structure.
Key Figures
- Fiscal Year for Start of Early Adoption: Fiscal year beginning March 1, 2026
- First Applicable Financial Statements: Q1 Financial Summary for fiscal year ending February 2027
- Next Medium-Term Management Plan Announcement Schedule: April 2026
AI要約
Purpose of Early Adoption of IFRS 18
World Co., Ltd. has resolved to early adopt the international accounting standard IFRS 18 “Presentation and Disclosure in Financial Statements” prior to the mandatory application starting from the fiscal year commencing on March 1, 2026. This aims to standardize the definition of operating income globally and improve the accuracy of performance comparisons with domestic and international competitors. Additionally, it seeks to enhance transparency in management indicators and clarify the classification on the income statement (operating, investing, financing), thereby making the revenue structure easier to understand.
Outlook and Disclosure Plan
With the early adoption, retrospective application to consolidated financial statements for prior periods based on IFRS 18 is planned. Detailed disclosures will be made appropriately in future earnings announcements. At the financial results announcement for the fiscal year ending February 2026 scheduled in April 2026, the next medium-term management plan reflecting early adoption will also be disclosed, contributing to constructive dialogue with investors and the strengthening of corporate governance.
