July 4, 2023

TANAKA Holdings Co., Ltd. the holding company of TANAKA Precious Metals, announced today that a resolution was passed at the Ordinary General Meeting of Shareholders held on June 29, 2023, for TANAKA Precious Metals to transition toward a fiscal year accounting period ending in December as of fiscal 2024.

1. Reason for change in fiscal year accounting period
TANAKA Precious Metals has been undertaking various efforts to promote globalization, including incorporating Metalor Technologies International SA as a member of the Group in 2016. This change in the fiscal year accounting period standardizes it with those of Group companies and seeks to improve efficiency and strengthen accounting, budget planning, financial performance management, and other operations, as well as facilitate business expansion in the global market.

2. Details of change in the fiscal year accounting period
Previous end date: March 31
From fiscal 2023 (April to December 2023): December 31

The 159th accounting period (fiscal year ending December 2023), which is the transition period of the change in the fiscal year accounting period, will be an accounting period of nine months, from April 1, 2023, to December 31, 2023. In addition, the plan is for any Group companies that currently do not end their accounting periods on December 31 to also implement this change.

20230704_TANAKA Precious Metals Changes Fiscal Year Accounting Period.pdf