TOKYO, May 15 (Pulse News Wire) – I-Freek Mobile Inc. (3845.T) disclosed on Monday that as of March 31, 2026, it had not joined the Financial Accounting Standards Foundation (FASF).
The company cited its ongoing review of the costs and benefits associated with joining FASF based on future business expansion and changes in accounting standards. In its latest filing, I-Freek Mobile stated that while it maintains close collaboration with auditing firms and actively gathers information through external seminars and specialized literature, it has decided not to join FASF due to considerations such as its current business scale and operating environment.
The company emphasized that it remains committed to ensuring accurate understanding and timely responses to changes in accounting standards. However, it plans to continue evaluating the potential impact of joining FASF, taking into account various factors including operational efficiency and cost-effectiveness.
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