Explanatory Notes

Change in Accounting Methods

In connection with the planned acquisition of Monsanto and in preparation for the future combined business, the structure of the Crop Science segment was adjusted as of January 1, 2018, in line with the internal financial reporting system (management approach). In the new structure, all the strategic business entities are organizationally located directly below the Crop Science segment. Global impairment testing will also be carried out at the Crop Science segment level each year in the future.