1.
this fiscal year; this business or school year
The current 年度 — the business or academic year, which in Japan normally runs April 1 to March 31, not the calendar year.
今年度の予算が決まった。
This year's budget has been decided.
今年度から制度が変わる。
The system changes starting this fiscal year.
今年度の売上は昨年度を上回った。
This fiscal year's sales exceeded last year's.
年度 is the business or academic year, which in Japan normally runs from April 1 to March 31 — distinct from the calendar year (今年).
COMMON COLLOCATIONS:
- 今年度の予算: this year's budget
- 今年度末: the end of this fiscal year
RELATED WORDS:
- 昨年度: last fiscal year
- 来年度: next fiscal year
- 今年: this (calendar) year — note the different reading and scope