1.
settlement of accounts; financial closing
The process of finalizing a company's accounts at the end of a fiscal period and preparing financial statements.
三月は決算期で忙しい。
March is busy because it's the fiscal year-end.
決算報告を株主に発表した。
The financial results were announced to shareholders.
決算セールでお得に買い物ができる。
You can shop at good prices during the fiscal year-end sale.
JAPANESE FISCAL YEAR:
Many Japanese companies end their fiscal year in March (三月決算), so February-March is a busy season for accountants.
RELATED TERMS:
- 決算期: fiscal period; accounting period
- 決算報告: financial report
- 決算書: financial statements
- 中間決算: interim settlement
- 四半期決算: quarterly settlement
RETAIL CONTEXT:
決算セール (fiscal year-end sale) is common at department stores and retailers in March, offering discounts to clear inventory.
VERB FORM:
決算する: to close accounts; to settle accounts
Related Words
Related:
監査 (audit)