March 29, 2018
Nippon Telegraph and Telephone Corporation (“NTT”) hereby announces its decision to replace the currently applied Generally Accepted Accounting Principles in the United States (“U.S. GAAP”) and adopt International Financial Reporting Standards (“IFRS”) for its consolidated financial statements in order to improve the international comparability of its financial information in the capital markets, among other reasons. The period for disclosure based on IFRS will begin with the first quarter of the fiscal year ending March 31, 2019.
|Year ending March 31, 2018||Financial results release, consolidated financial statements and annual securities report - U.S. GAAP*|
|First quarter of the fiscal year ending March 31, 2019||Quarterly financial results release and quarterly securities report - IFRS
Thereafter, disclosure will be based on IFRS.
Accounting and Tax Subgroup
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
Information is current as of the date of issue of the individual press release.
Please be advised that information may be outdated after that point.