TOKYO, Jun 25 (Pulse News Wire) – Media Links CO.,LTD. (6659.T) disclosed that as of March 31, 2026, it had not joined the Financial Accounting Standards Foundation.
According to the company's statement, this decision aligns with Tokyo Stock Exchange regulations stipulating that listed companies should disclose their status regarding membership in such organizations. In the latest fiscal year ending March 31, 2026, Media Links did not join the organization due to considerations related to its business scale and operational environment.
The company emphasized the importance of accurately grasping accounting standards and maintaining robust mechanisms to respond effectively to changes in those standards. Regarding future plans, Media Links stated that it would continue to evaluate potential membership based on various factors including its operating conditions, business size, trends in accounting standards, and cost-benefit analysis.
The company intends to reassess its position periodically and make informed decisions accordingly.
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