Adoption of the revenue-recognition and fair-value measurement accounting standards
First written in FY2022-Q1. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
132 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual 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 fiscal year, and the new accounting policies prescribed in the Fair Value Measurement Guidance are being applied prospectively in accordance with the transitional treatment set out in paragraph 27-2 of the guidance. This has had no impact on the cumulative third-quarter period of the current fiscal year.」
The Implementation Guidance on Accounting Standard for Fair Value Measurement has continued to be applied from the beginning of the first quarter, with no impact on the cumulative third-quarter period. - FY2023-Q2RestatedAnnual report
「The Group applied the Implementation Guidance on the Fair Value Measurement Standard from the beginning of the first quarter of the current consolidated accounting period. In accordance with the transitional treatment stipulated in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the Group will apply the new accounting policies prescribed by the guidance prospectively. There was no impact on the first six months of the current consolidated fiscal year.」
The Group continues to apply the Implementation Guidance on the Fair Value Measurement Standard from the beginning of the first quarter, with no impact on the first six months of the current consolidated fiscal year. - FY2023-Q1AdvancedAnnual report
「The Group applied the Implementation Guidance on the Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the "Fair Value Measurement Implementation Guidance") from the beginning of the first quarter of the current consolidated accounting period. In accordance with the transitional treatment stipulated in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the Group will apply the new accounting policies prescribed by the guidance prospectively. There was no impact on the first nine months of the current consolidated fiscal year.」
The Group applied the Implementation Guidance on the Fair Value Measurement Standard from the beginning of the first quarter and applied the new accounting policies prospectively. There was no impact on quarterly results. - FY2022-Q3RestatedAnnual report
「The Group applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and other standards from the beginning of the first quarter of the current consolidated accounting period. Accordingly, revenue is recognised at the time control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, there was no impact on profit or loss for the first nine months of the current consolidated fiscal year. The Group also applied the Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Standard") and other standards from the beginning of the first quarter of the current consolidated accounting period, and will apply the new accounting policies prescribed by the Fair Value Measurement Standard and other standards prospectively. There was no impact on the quarterly consolidated financial statements.」
The Group continues to apply the Revenue Recognition Standard and the Fair Value Measurement Standard and states that they have no impact on profit or loss or the financial statements for the first nine months of the current consolidated fiscal year. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Revenue Recognition and related standards and will recognize revenue 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 Group applied the revenue recognition standard from the beginning of the first quarter of the current consolidated fiscal year and changed its approach to the timing and amount of revenue recognition. It stated that there was no impact on profit or loss or the opening balance of retained earnings.