November 10, 2016

Company: Terumo Corporation

Representative: Yutaro Shintaku, President and CEO Code: 4543, TSE Section 1

Notice Concerning Adoption of International Financial Reporting Standards (IFRS)

Terumo Corporation hereby announces that it resolved, at the Board of Directors meeting held today, to adopt the International Financial Reporting Standards (IFRS) in lieu of the generally accepted accounting principles in Japan (Japanese GAAP) to consolidated financial statements for the fiscal year ending March 31, 2018.

The Terumo Group has decided to adopt IFRS in order to improve the international comparability of financial information in the capital market, enhance the accuracy of business management, and strengthen its governance across the Group through the unified accounting rules.

The disclosure schedule for the adoption of IFRS is as follows: Disclosure schedule (planned)

Accounting period

Disclosure materials

Accounting standards

Fiscal year ending March 31, 2018

1st to 3rd quarters

Quarterly financial results

announcements

Japanese GAAP

Quarterly securities reports

Full-year

Financial results announcement

IFRS

Consolidated Financial Statements

according to Companies Act

Annual securities report

Terumo Corporation published this content on 10 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2016 06:09:08 UTC.

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