Century21 REAL Estate OF Japan Not Joining Accounting Standards Organization

TOKYO, May 28 (Pulse News Wire) – Century21 Real Estate OF Japan LTD. (8898.T) disclosed that as of March 31, 2026, it remains unaffiliated with the Financial Accounting Standards Foundation.

According to the firm’s statement based on Tokyo Stock Exchange regulations, the company does not plan to join the organization immediately due to ongoing considerations regarding future accounting standards developments and international accounting standards (IFRS) alignment. The company acknowledged the importance of understanding and adapting to changes in accounting standards through collaboration with auditing firms and participation in various seminars hosted by such organizations.

It stated that these measures enable timely responses to any modifications in accounting principles. Regarding its decision not to join the foundation, Century21 Real Estate OF Japan LTD.

Indicated that it will continue evaluating the situation considering potential shifts in accounting standards and IFRS adoption strategies.