Preparation for Adoption of New Accounting Standards, etc.
First written in FY2021. 3 of 8 entries say "Restated". Latest entry: FY2026-H1.
66 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「The company has applied the Accounting Standard for Income Taxes, Resident Taxes and Business Taxes (Accounting Standards Board of Japan Statement No. 27, 28 October 2022) and related standards from the beginning of the current interim consolidated accounting period. This has no impact on the interim consolidated financial statements.」
The company applied the income tax-related accounting standards and related standards, which had been scheduled for application through the previous fiscal year, from the beginning of the current interim consolidated accounting period. - FY2025ReframedAnnual report
「Accounting Standard for Income Taxes, Resident Taxes and Business Taxes and related standards (2) Scheduled application date Scheduled for application from the beginning of the fiscal year ending February 2026. Accounting Standard for Leases and related standards (2) Scheduled application date Scheduled for application from the beginning of the fiscal year ending February 2029.」
The company has additionally disclosed the planned application timing for the new income tax-related standards and lease accounting standards. - FY2024-Q3RestatedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the Fair Value Measurement Guidance) from the beginning of the first quarter of the fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policies prescribed by the guidance will be applied prospectively. This has no impact on the quarterly consolidated financial statements.」
The company applied the Fair Value Measurement Guidance from the beginning of the first quarter of the fiscal year and continues to apply it. - FY2024-Q2RestatedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the Fair Value Measurement Guidance) from the beginning of the first quarter of the fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policies prescribed by the guidance will be applied prospectively. This has no impact on the quarterly consolidated financial statements.」
The company continues to apply the Fair Value Measurement Guidance, which was adopted from the beginning of the first quarter of the fiscal year. - FY2024-Q1AdvancedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the Fair Value Measurement Guidance) from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policies prescribed by the guidance will be applied prospectively. This has no impact on the quarterly consolidated financial statements.」
The company applied the new Fair Value Measurement Guidance from the beginning of the first quarter of the current fiscal year and states that it has no impact on the financial statements. - FY2023-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the fiscal year.」
The company applied the revenue recognition accounting standard and related standards, which had been scheduled for application in the previous fiscal year, from the beginning of the first quarter of the current fiscal year. Revenue related to customer purchases for resale was changed from gross presentation to net presentation, reducing both revenue and cost of sales by ¥18.721 million. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other related standards will be applied from the beginning of the fiscal year ending February 2023.」
The company continues preparations and plans to apply new accounting standards, including revenue recognition, fair value measurement, and disclosures of accounting estimates, from the fiscal year ending February 2023. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and other related standards will be applied from the beginning of the fiscal year ending February 2023.」
The company indicates the planned timing for applying new standards, including revenue recognition, fair value measurement, and disclosures of accounting estimates.