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).
The draft budget for the next fiscal year is scheduled to be announced next month.
The budget for next fiscal year is still under discussion.
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.
We are drawing up new plans in preparation for the next fiscal year.
A new system will start from next fiscal year.
翌年度 is a formal written term meaning 'the following fiscal year (relative to a stated year)', very close to 次年度 but slightly more bureaucratic in tone.
来年 is the everyday word for 'next year' on the calendar, while 次年度 is used specifically for the next fiscal or academic year in institutional contexts.
前年度 refers to the previous fiscal year, the direct opposite of 次年度 which refers to the next one.
Compound of 次 (next) and 年度 (fiscal/academic year). The word follows standard Sino-Japanese compounding patterns.