On February 11, 2016, the Board of Directors of Luckycom Inc. approved a change in the fiscal year end from a fiscal year ending on February 28 or 29 to March 31, effective beginning with fiscal year 2016. The company expects to make the fiscal year change on a prospective basis and will not adjust operating results for prior periods. The change to the company's fiscal year will not impact the company's fiscal year results for the year ended February 29, 2016.

However, the change will impact the prior year comparability of each of the fiscal quarters and annual period in 2016 in future filings. The company's next annual report on Form 10-K will be for the fiscal year ending February 29, 2016 and the company's first quarterly report on Form 10-Q will be for the four-month period ended June 30, 2016. The company believes this change will provide numerous benefits, including aligning its reporting periods to be more consistent with peer companies and improving comparability between periods.