IR News

Announcement of Change in Accounting Period

IRJan 23, 2017

Yaskawa Electric Corporation (hereafter “the Company”) announces that at the meeting of the Board of Directors of the Company held today, a resolution was passed to change the Company’s accounting period on the condition that “Partial Amendments to the Articles of Incorporation” is approved at the 101st Ordinary General Meeting of Shareholders scheduled to be held in mid-June, 2017.

1. Reason for Change

The change will be made to standardize the accounting period with consolidated overseas subsidiaries throughout the group on the last day of February in order to disclose management information in a timely and appropriate manner and thereby further improve the transparency of management, as the Yaskawa Group will continue its steady growth as a global corporation.

2. Description of Change in Accounting Period

Current: March 20 of each year

After change: The last day of February of each year


The 102nd accounting year, a transitional period for the change in accounting period, will cover a period between March 21, 2017 and February 28, 2018. The accounting period of the overseas consolidated subsidiaries has already been the last day of February, therefore the Company plans to make the same change with respect to consolidated subsidiaries in Japan.

3. Future Outlook

The Company will announce its financial forecast of the 102nd accounting period in the Consolidated Results for the Fiscal Year Ended March 20, 2017 to be announced in April 2017.


Corporate Communications Div.

YASKAWA Electric Corporation



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