noun
next fiscal year; following year
Used in business, government, and institutional contexts to refer to the upcoming fiscal or academic year. Often contrasts with 今年度 (this year) and 前年度 (previous year).
次年度の予算案は来月発表される予定です。
The draft budget for the next fiscal year is scheduled to be announced next month.
次年度から新しいカリキュラムが導入されます。
A new curriculum will be introduced starting from the next academic year.
今年度 means 'this fiscal/academic year', the current period in the same institutional cycle as 次年度.
Compound of 次 (next) and 年度 (fiscal/academic year). The word follows standard Sino-Japanese compounding patterns.