Application of an Allowance for Credit Losses Based on the Expected Credit Loss Model
First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2024-Q3.
2 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「The company has applied Accounting Standards Update 2016-13 from the consolidated fiscal year beginning 1 April 2023, using the method of adjusting the cumulative effect at the beginning of the first year of adoption. The adoption of Accounting Standards Update 2016-13 had no material impact on the company's operating results or financial position.」
The company continues to explain that it adopted Accounting Standards Update 2016-13, based on the expected credit loss model, from the fiscal year beginning 1 April 2023 and that the adoption had no material impact on operating results or financial position. - FY2024-Q2RestatedAnnual report
「The company has applied Accounting Standards Update 2016-13 from the consolidated fiscal year beginning 1 April 2023, using the method of adjusting the cumulative effect at the beginning of the first year of adoption. The adoption of Accounting Standards Update 2016-13 had no material impact on the company's operating results or financial position.」
The company continues to explain that it adopted Accounting Standards Update 2016-13, based on the expected credit loss model, from the fiscal year beginning 1 April 2023 and that the adoption had no material impact on operating results or financial position. - FY2024-Q1First statedAnnual report
「The company has applied Accounting Standards Update 2016-13 from the consolidated fiscal year beginning 1 April 2023, using the method of adjusting the cumulative effect at the beginning of the first year of adoption. The adoption of Accounting Standards Update 2016-13 had no material impact on the company's operating results or financial position.」
From the fiscal year beginning 1 April 2023, the company adopted Accounting Standards Update 2016-13, based on the expected credit loss model rather than the incurred loss model. It states that there was no material impact on operating results or financial position.