Toray Industries (3402) · InitiativeAchieved
Voluntary adoption of IFRS from the first quarter of the fiscal year ending March 2021
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2021-Q1. Latest entry: FY2021-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Enhancing Financial Information Comparability and Financing Through IFRS AdoptionA theme 164 companies write about · 0 as a headwind · 151 as a tailwind
43 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 164 companies compared. The sentences above are computed from all 164.Full recordFilings, disclosures and news, newest first
- FY2021-Q1AchievedAnnual report
「The Group first applied IFRS from the first quarter of the fiscal year beginning 1 April 2020, and the annual consolidated financial statements for the fiscal year will be the first consolidated financial statements prepared in accordance with IFRS.」
Voluntary adoption of IFRS began in the first quarter of the fiscal year ending March 2021, and first-time adoption and reconciliation tables using 1 April 2019 as the transition date were also disclosed. - FY2020First statedAnnual report
「The Group planned to voluntarily adopt International Financial Reporting Standards (IFRS) from the first quarter of the fiscal year ending March 2021.」
The company explicitly stated that it planned to voluntarily adopt IFRS from the first quarter of the fiscal year ending March 2021 and clarified that it did not plan to apply several Japanese accounting standards, including the revenue recognition standard.