YUMEMITSUKETAI Co.,Ltd. [2673.T]
TOKYO, Jun 24 (Pulse News Wire) – Yumemitsuketai CO.,LTD. (2673.T) announced on June 24 that it would not join the Financial Accounting Standards Foundation (FASF) again.
As of March 31, the company remains unaffiliated with FASF, a status consistent with previous years. The company cited ongoing challenging operating conditions as the primary reason for not joining. Management believes that the associated costs of membership could hinder efforts to reduce expenses and improve the current financial environment. Therefore, the decision was made to forego membership once more.
Regarding future plans, YUMEMITSUKETAI stated that there are currently no intentions to join FASF. However, the company recognizes the importance of understanding accounting standards and their changes. To address this, YUMEMITSUKETAI will continue to collaborate closely with auditing firms, share information, attend various seminars related to accounting and taxation, and read specialized literature to stay informed about updates in accounting standards. Any potential future decisions to join FASF will be carefully considered based on evolving circumstances surrounding accounting regulations.
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