Future Adoption of Accounting Standards for Income Taxes and Revenue Recognition
First written in FY2018. 5 of 8 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2025: 8 of 78 companies on the "Worse" side.
44 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「The company has applied the “Accounting Standard for Revenue Recognition” and other standards from the beginning of the first quarter of the consolidated accounting period, but the impact on the quarterly consolidated financial statements is immaterial.」
The company reconfirmed that it continues to apply the Revenue Recognition Accounting Standard and that its impact on the financial statements is immaterial. - FY2022-Q3RestatedAnnual report
「The company has applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter of the consolidated accounting period, but the impact on the quarterly consolidated financial statements is immaterial.」
The company reconfirmed that it has applied the Revenue Recognition Accounting Standard from the beginning of the first quarter of the consolidated accounting period and that its impact on the current quarterly financial statements is immaterial. - FY2022-Q2RestatedAnnual report
「The company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The company reiterates that it has applied the accounting standard for revenue recognition from the beginning of the first quarter of the consolidated accounting period and recognizes installment sales when its performance obligations are satisfied. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other applicable standards were adopted 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 company applied the accounting standard for revenue recognition from the beginning of the first quarter of fiscal 2022. The impact on the financial statements was immaterial. - FY2021RestatedAnnual report
「We plan to adopt it from the beginning of the fiscal year ending December 2022.」
The company reiterates its plan to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending December 2022. - FY2019RestatedAnnual report
「We plan to adopt it from the beginning of the fiscal year ending December 2022.」
The company plans to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending December 2022 and is assessing the impact. - FY2019-Q1AdvancedAnnual report
「We have applied the “Partial Amendments to the Accounting Standard for Tax-Effect Accounting” (ASBJ Statement No. 28, dated 16 February 2018) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company applied the standards and other guidance related to tax-effect accounting from the beginning of the current quarterly consolidated accounting period, as planned in the previous fiscal year. - FY2018First statedAnnual report
「Scheduled effective date: Scheduled to apply from the beginning of the fiscal year ending December 2019.」
The company plans to apply the Implementation Guidance on Tax Effect Accounting from the beginning of the fiscal year ending December 2019 and the accounting standards related to revenue recognition from the beginning of the fiscal year ending December 2022. The impact on the financial statements was still being assessed as of the preparation date.