(Translation)
March 31, 2026
Company name: Azbil Corporation Representative: Kiyohiro Yamamoto
Director, President & Group CEO
Contact: Kazuhisa Yamazaki
General Manager, Accounting Department, Group Management Headquarters
Phone: +81-3-6810-1009
Stock code: 6845 (Prime Market of Tokyo Stock Exchange)
Notification Regarding Voluntary Adoption of International Financial Reporting Standards (IFRS)
Azbil Corporation ("the Company") announces that it has resolved, at the Board of Directors meeting held today, to voluntarily adopt International Financial Reporting Standards ("IFRS") for its consolidated financial statements, starting from the first quarter of the fiscal year ending March 31, 2027.
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Purpose of voluntary adoption
The decision has been made in order to enhance the Company's global business management through the unification of accounting standards across the Group to IFRS, and to improve the international comparability of its financial information in the capital markets.
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Disclosure schedule
Accounting period
Disclosure documents
Accounting standards
Fiscal year ending March 31,
2026
Year-end
Consolidated Financial Results Consolidated Financial Statements
Annual Securities Report
Japanese GAAP
Fiscal year ending March 31,
2027
First to third quarters
Consolidated Financial Results Semi-annual Securities Report
IFRS
Year-end
Consolidated Financial Results Consolidated Financial Statements Annual Securities Report
IFRS
Note: The forecast of consolidated financial results for the fiscal year ending Mar 31, 2027 will be reported in accordance with IFRS.
- Disclosure of business profit
Upon the voluntary adoption of IFRS, the Company will disclose business profit, a management-defined performance measure calculated by deducting cost of sales and selling, general and administrative expenses from revenues, to indicate the profitability of the core business activities.
