NOTES TO FINANCIAL STATEMENTS

Notes to Financial Statements

Notes to Financial Statements

The country selected for the purpose of this task is China. All accounts of assets and liabilities of foreign subsidiaries and affiliates are translated into Japanese yen at exchange rates if the end of the year and all income and expenditure accounts of the subsidiaries are translated at average exchange rate for each period. Adjustments of foreign currency translation are included as a component of accumulated other comprehensive income. Accounts receivable and payable in foreign currencies are translated at rates appropriate to current year gains or losses resulting from transactions are recorded ...