Press Room
December 20, 2013
Mitsubishi Corporation
Adoption of International Financial Reporting Standards
Mitsubishi Corporation announces today that it has decided to adopt International Financial Reporting Standards(”IFRSs”)for its consolidated financial statements,instead of the Generally Accepted Accounting Principles of the United States(”U.S.GAAP”).
For the fiscal year ended March 31, 2014, Mitsubishi Corporation will prepare its Earning Reports and financial statements as required by the Companies Act in accordance with U.S.GAAP, as it has previously done. The financial section of the Annual Report will be prepared in accordance with IFRSs.
For and from the fiscal year beginning April 1, 2014, all statements, disclosures and forecasts will be prepared in accordance with IFRSs.
Disclosure Schedule
May,2014 | Earning Reports | |
Consolidated operating results,fiscal year ended March 31,2014 | (U.S. GAAP) | |
Outlook for the fiscal year ended March 31,2015 | (IFRS) | |
Financial statements,fiscal year ended March 31,2014 | (U.S. GAAP) | |
(per Companies Act) | ||
June,2014 | Financial Section of Annual Report for the fiscal year ended March 31,2014 | (IFRS) |
Inquiry Recipient
Mitsubishi CorporationTelephone:+81-3-3210-2171 / Facsimile:+81-3-5252-7705