1.
first year; inaugural year
the first fiscal or academic year of a project, policy, program, or similar undertaking
初年度の売上は好調だった。
First-year sales were strong.
この制度は初年度から成果を上げた。
This system produced results from its first year.
初年度の目標は会員一万人だ。
The first-year target is 10,000 members.
大学入学の初年度にかかる費用は約百五十万円だ。
The costs incurred in the first year of university enrollment are about 1.5 million yen.
A compound noun used in formal and business contexts to mark the first year of something — whether a fiscal year, a new policy, a product launch, or university enrollment.
COMMON COLLOCATIONS:
- 初年度の売上: first-year sales
- 初年度の費用: first-year costs
- 初年度予算: first-year budget
- 初年度目標: first-year target
SIMILAR WORDS:
- 一年目: the first year (ordinal); more general and conversational, while 初年度 is used in formal planning and reporting
- 年度: fiscal/academic year; the base word without the "first" qualifier
- 元年: first year of an era; used for reign names and metaphorically for epoch-making firsts
WORD FORMATION:
初 (first, initial) + 年度 (fiscal/academic year).