Preparation for the Adoption of New Revenue Recognition, Fair Value Measurement and Other Accounting Standards
First written in FY2021. 3 of 6 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2026-H1.
66 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「The company has applied the Accounting Standard for Accounting for Income Taxes, Resident Taxes and Enterprise Taxes (Accounting Standard No. 27, 28 October 2022) and related standards from the beginning of the current interim consolidated accounting period. This change in accounting policy has no impact on the interim consolidated financial statements.」
The company actually applied the standards relating to income taxes and tax-effect accounting, which had been scheduled for application from the beginning of the fiscal year ending February 2026, from the beginning of the current interim consolidated accounting period. There was no impact on the financial statements. - FY2025ReframedAnnual report
「The Accounting Standard for Accounting for Income Taxes, Resident Taxes and Enterprise Taxes (Accounting Standard No. 27, 28 October 2022), the Accounting Standard for Presentation of Comprehensive Income (Accounting Standard No. 25, 28 October 2022), and the Implementation Guidance on the Accounting Standard for Tax Effect Accounting (Accounting Standard Application Guidance No. 28, 28 October 2022) are scheduled to be applied from the beginning of the fiscal year ending February 2026.」
Following completion of the application of the fair value measurement standard, the company plans to apply the standards relating to income taxes, comprehensive income and tax-effect accounting from the beginning of the fiscal year ending February 2026, and the lease accounting standard from the beginning of the fiscal year ending February 2029. - FY2024-Q1AchievedAnnual report
「The company has applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standard Application Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Guidance, the company will apply the new accounting policies prescribed in the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
The company actually applied the Implementation Guidance on Accounting Standard for Fair Value Measurement, which had been scheduled for application from the beginning of the fiscal year ending February 2024, from the beginning of the first quarter of the current consolidated fiscal year. There was no impact on the financial statements. - FY2023ReframedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standard Application Guidance No. 31, 17 June 2021) is scheduled to be applied from the beginning of the fiscal year ending February 2024.」
Following completion of the application of the revenue recognition standard and related standards, the company plans to apply the fair value measurement standard from the beginning of the fiscal year ending February 2024. It also plans to apply standards relating to income taxes from the beginning of the fiscal year ending February 2026. - FY2023-Q1AchievedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the current consolidated fiscal year, and recognises revenue 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 company actually applied the revenue recognition standard and related standards from 1 March 2022. The application had no impact on profit or loss for the cumulative first quarter of the current fiscal year. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending February 2023.」
The disclosure states that new standards relating to revenue recognition, fair value measurement, accounting policy disclosures and disclosures of accounting estimates were scheduled to be applied from the end of the fiscal year ending February 2022 or the beginning of the fiscal year ending February 2023.