Keeping Abreast of Accounting Standards and Ensuring Proper Financial Statements
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We are members of the Financial Accounting Standards Foundation, a public interest incorporated foundation, in order to ensure that we properly understand the content of accounting standards and related requirements and maintain a system capable of preparing appropriate consolidated financial statements and other statements. We also strive to keep fully informed of the latest accounting standards and matters scheduled for future revision by attending seminars and other events held by the foundation.」
The company continues its system for understanding accounting standards through membership in the Financial Accounting Standards Foundation and participation in its seminars. - FY2022-Q1AdvancedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards have been adopted from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in Paragraph 19 of the standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the standards will be applied prospectively. The adoption has no impact on the quarterly consolidated financial statements.」
The company applied the accounting standards for fair value measurement and related standards from the beginning of the current quarter and moved to a practice of applying the new accounting policy prospectively. It states that there was no impact on the financial statements. - FY2018First statedAnnual report
「We are members of the Financial Accounting Standards Foundation, a public interest incorporated foundation, in order to ensure that we properly understand the content of accounting standards and related requirements and maintain a system capable of preparing appropriate consolidated financial statements and other statements. We also strive to keep fully informed of the latest accounting standards and matters scheduled for future revision by attending seminars and other events held by the foundation.」
The company describes a system for understanding the latest accounting standards and preparing appropriate financial statements through membership in the Financial Accounting Standards Foundation and participation in its seminars.