Preparation for the Adoption of the Accounting Standards for Revenue Recognition and Fair Value Measurement
First written in FY2021. 4 of 7 entries say "Restated". Latest entry: FY2023.
126 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the current consolidated fiscal year, and the company decided to apply prospectively the new accounting policy prescribed by the guidance. This had no impact.」
The company continued to state that the Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the current fiscal year and had no impact. - FY2023-Q3RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment specified in paragraph 27-2 of the Implementation Guidance on the Accounting Standard for Fair Value Measurement, the company decided to apply prospectively the new accounting policy prescribed by the guidance. This had no impact.」
The company continued to state that the Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter of the consolidated fiscal year and had no impact. - FY2023-Q2RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) has been applied from the beginning of the first quarter of the consolidated 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 Fair Value Measurement Guidance will be applied prospectively. There is no impact from this application.」
The Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter of the consolidated fiscal year, and the company stated that the application had no impact. - FY2023-Q1AchievedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) has been applied 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 new accounting policies prescribed by the Fair Value Measurement Guidance will be applied prospectively. There is no impact from this application.」
The Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter of the current consolidated fiscal year. The company stated that the application of the new accounting policy had no impact. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020), among others, was 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 company continued to apply the Accounting Standard for Revenue Recognition and other standards planned in the previous fiscal year. For in-game items, revenue is recognized at the time of sale because the period from purchase to consumption is extremely short. The company stated that the application had no impact on retained earnings or profit and loss for the six months ended the second quarter of the current fiscal year. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The company applied the Accounting Standard for Revenue Recognition and other standards, which had been planned in the previous fiscal year, from the beginning of the first quarter of the current fiscal year on 1 April 2021. Because of the nature of in-game items, revenue is recognized when they are purchased. - FY2021First statedAnnual report
「The accounting standard for revenue recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The Company is currently assessing the impact of applying the accounting standard for revenue recognition and related standards on the consolidated financial statements.」
The company disclosed for the first time its plan to apply the Accounting Standard for Revenue Recognition, the Accounting Standard for Fair Value Measurement and other standards from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements was still under evaluation.