tiprankstipranks
Resonac Holdings Adopts IFRS for Global Appeal
Company Announcements

Resonac Holdings Adopts IFRS for Global Appeal

Showa Denko KK (JP:4004) has released an update.

Don't Miss our Black Friday Offers:

Resonac Holdings Corporation has announced its decision to adopt International Financial Reporting Standards (IFRS) to enhance international comparability and appeal to overseas investors. The transition from Japanese GAAP to IFRS will be reflected in their financial statements starting with the fiscal year ending December 2024. This move aims to strengthen group management through uniform accounting standards.

For further insights into JP:4004 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskResonac Introduces Employee Share Incentive Scheme
TipRanks Auto-Generated NewsdeskShowa Denko KK Reports Strong Financial Turnaround in 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App