TOKYO, Mar 24 (Pulse News Wire) – Forside CO.,LTD. (2330.T) disclosed today that it did not join the Financial Accounting Standards Foundation as of December 31, 2025, based on Article 409-2 of the Tokyo Stock Exchange's listing regulations.
The company stated that there was no record of joining the organization as of the end of the fiscal year on December 31, 2025. To ensure accurate understanding and timely responses to changes in accounting standards, Forside collaborates closely with its external auditors and tax advisors, participates in seminars conducted by specialized accounting bodies, and engages in training sessions for preparing securities reports.
Furthermore, the company has appointed an independent director with extensive experience as a certified public accountant to enhance appropriate disclosure practices. Regarding future plans, Forside indicated that while it had considered joining the organization, it decided against it due to its current business scale and economic environment.
The company will continue to evaluate the cost-benefit ratio in light of ongoing efforts to reduce expenses and reassess the decision accordingly.
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