対応 to Revenue Recognition and Fair Value Measurement Accounting Standards
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
35 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer. The “Accounting Standard for Fair Value Measurement” (Accounting Standards Board of Japan Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Standard”) and other standards were also applied from the beginning of the first quarter of the current consolidated fiscal year, and the new accounting policies prescribed by the Fair Value Measurement Standard and related standards are being applied prospectively.」
The Revenue Recognition Standard and Fair Value Measurement Standard, which had been scheduled for adoption in the previous fiscal year, were implemented from 1 April 2021. The company stated that applying the Revenue Recognition Standard had no impact on profit or loss or retained earnings at the beginning of the fiscal year, and that the Fair Value Measurement Standard also had no impact on the financial statements. - FY2021First statedAnnual report
「The company plans to apply the standards from the beginning of the fiscal year ending March 2022. The impact is being assessed as of the preparation of these consolidated financial statements.」
The company planned to apply new accounting standards concerning revenue recognition, fair value measurement and inventory valuation from the beginning of the fiscal year ending March 2022, and was assessing their impact on the financial statements.