Note: This document is an English translation of the original Japanese language document and has been prepared solely for reference purposes. No warranties or assurances are given regarding the accuracy or completeness of this English translation. In the event of any discrepancy between this English translation and the original Japanese language document, the original Japanese language document shall prevail in all respects.
August 12, 2022
CEO and Representative Director
4478, Tokyo Stock Exchange
Sumito Togo, CFO and Director
Notice of Differences between Results for FY2021 and Results for FY2022
freee K.K. (the "Company") announces that it recognized the difference between the consolidated ﬁnancial results for the ﬁscal year ended June 30, 2021("Results for FY2021") and those for the ﬁscal year ended June 30, 2022("Results for FY2022") in proﬁt attributable to owners of parent, which exceeded the disclosure standards by Tokyo Stock Exchange.
1. Difference between the actual result of Results for FY2021and Results for FY2022（Unit: Millions of yen）
owners of parent
Results for FY2021（A）
Results for FY2022（B）
2. Reason for the difference
As stated in the "Announcement Regarding Mid to Long-term Strategy and Booking of Impairment Loss Based on the Strategy " disclosed today, the Company recognized an impairment loss of 9,088 million yen. As a result, loss attributable to owners of parent amounted to 11,609 million yen.
freee KK published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 12 August 2022 06:38:49 UTC.