MATSUO ELECTRIC CO.,LTD. [6969.T]
TOKYO, Jun 01 (Pulse News Wire) – Matsuo Electric CO.,LTD. (6969.T) disclosed on June 01 that as of March 31, 2026, it had not joined the Financial Accounting Standards Foundation.
The company stated its current structure allows for appropriate understanding and timely responses to accounting standards changes. The firm emphasized the importance of accurately grasping accounting standards and their modifications.
It noted ongoing close collaboration with audit firms and active information exchange to ensure effective handling of such changes. Regarding future plans, Matsuoe Electric indicated it would continue evaluating the decision based on upcoming shifts in accounting standards, along with its operational scale and cost-benefit analysis amid challenging economic conditions.
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