Adoption of the Accounting Standards for Business Combinations and Related Standards
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2021.
6 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The consolidated financial statements have been prepared in accordance with accounting principles generally accepted as fair and appropriate in Japan.」
The company continues to provide annual disclosure on its accounting policies, including the Business Combination Accounting Standard and related standards. - FY2017RestatedAnnual report
「The company has applied the Accounting Standard for Business Combinations (Accounting Standards Board of Japan Statement No. 21, 13 September 2013; hereinafter, the “Business Combination Accounting Standard”), the Accounting Standard for Consolidated Financial Statements (Accounting Standards Board of Japan Statement No. 22, 13 September 2013), the Accounting Standard for Business Separations (Accounting Standards Board of Japan Statement No. 7, 13 September 2013), and others from the current consolidated fiscal year」
The company has restated in its annual accounting policies the application of the Business Combination Accounting Standard and related standards, as well as changes in the accounting treatment of differences arising from changes in equity interests and acquisition-related costs. - FY2017-Q3First statedAnnual report
「The Accounting Standard for Business Combinations (ASBJ Statement No. 21, 13 September 2013), the Accounting Standard for Consolidated Financial Statements (ASBJ Statement No. 22, 13 September 2013) and the Accounting Standard for Business Divestitures (ASBJ Statement No. 7, 13 September 2013), among others, were adopted from the first quarter. Differences arising from changes in the parent company’s ownership interests in subsidiaries that remain under control are now recognized as capital surplus, and acquisition-related costs are recognized as expenses in the consolidated fiscal year in which they are incurred.」
From the first quarter of the consolidated fiscal year, the company has applied the accounting standards for business combinations, consolidation and business separations, among others, and changed the methods for recording differences arising from changes in equity interests and acquisition-related costs. The impact on the financial statements is described as immaterial.