Application of Revenue Recognition and Fair Value Measurement Accounting Standards
First written in FY2022-Q1. 3 of 5 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The "Accounting Standard for Leases" (ASBJ Statement No. 34, 13 September 2024) and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
The company stated that the new lease accounting standards and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028 and that their impact is being assessed. - FY2025-H1AdvancedAnnual report
「From the beginning of the interim consolidated accounting period, we applied the Accounting Standard for the Classification of Income Taxes, Including Enterprise Taxes (ASBJ Statement No. 27, 28 October 2022) and related guidance.」
The company applied the amended accounting standards issued in 2022 and related standards from the beginning of the current interim consolidated accounting period, updating its accounting policy concerning the presentation of corporate income taxes and related items. - FY2023-Q2AdvancedAnnual report
「The company applied the “Implementation Guidance on Accounting Standard for Fair Value Measurement” (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) from the beginning of the first-quarter consolidated accounting period and will apply prospectively the new accounting policies prescribed by the Fair Value Measurement Guidance in accordance with the transitional treatment stipulated in paragraph 27-2 of the Fair Value Measurement Guidance.」
The company applied the implementation guidance for the accounting standards for fair value measurement from the beginning of the first quarter of the current fiscal year and stated that the new accounting policy would be applied prospectively. - FY2022-Q2RestatedAnnual report
「Because the accounting standards for revenue recognition were applied, "Notes and accounts receivable—trade," which had been presented under "Current assets" in the consolidated balance sheet for the previous consolidated fiscal year, has been presented from the first quarter as "Notes and accounts receivable—trade and contract assets."」
The company continued to apply the accounting standards for revenue recognition and fair value measurement adopted from the first quarter and stated that they had no impact on profit or loss. - FY2022-Q1First statedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current 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 transfers to the customer.」
From the beginning of the first quarter of the current consolidated fiscal year, the company applied the accounting standards for revenue recognition and related standards, changing the method of recognizing revenue from software contracting agreements and similar arrangements to recognition over time as performance obligations are satisfied. The accounting standards for fair value measurement and related standards were also applied from the beginning of the same quarter.