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Provider: Reuters Investment Profile
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Softbank Corp Adopts International Financial Reporting Standards (IFRS)


Thursday, 31 Jan 2013 02:01am EST 

Softbank Corp announced that it has decided to adopt IFRS to its consolidated financial statements in lieu of the current Japan-GAAP, and will disclose its consolidated financial statements according to IFRS from the first quarter of the fiscal year ending March 2014. The Company has decided to adopt IFRS voluntarily to improve international comparability of financial information disclosed to the capital market. 

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1.51 +2.12%
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