March 29, 2018
Notice Regarding Application of International Financial Reporting Standards(IFRS)
NTT DOCOMO, INC. hereby announces its decision to transition from Generally Accepted Accounting Principles in the United States ("U.S. GAAP"), which it currently applies, and apply International Financial Reporting Standards ("IFRS") in connection with the preparation and disclosure of its consolidated financial statements beginning with the first quarter of the fiscal year ending March 31, 2019, with the goal of improving the international comparability of its financial information in the capital markets, among other reasons.
The planned disclosure schedule for DOCOMO's transition to IFRS is as follows:
- Year ending March 31, 2018: Earnings release, consolidated financial statements and annual securities report - U.S. GAAP
(DOCOMO plans to prepare and disclose financial forecasts for the year ending March 31, 2019 in accordance with IFRS)
- Beginning with the first quarter of the fiscal year ending March 31, 2019: Quarterly earnings release and quarterly securities report - IFRS