Addressing New Accounting Standards (Fair Value Measurement, Disclosure of Estimates, etc.)
First written in FY2020. 5 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Addition of standards not yet appliedAnnual report
「• Accounting Standard for Leases (Accounting Standard No. 34, 13 September 2024, Accounting Standards Board of Japan) • Accounting Standard for Subsequent Events (Accounting Standard No. 41, 9 January 2026, Accounting Standards Board of Japan) (2) Scheduled date of application The standards will be applied from the beginning of the fiscal year ending June 2028.」
In addition to the previously addressed accounting standards for fair value measurement and related matters, the company plans to apply the lease and subsequent-events standards from the beginning of the fiscal year ending June 2028. The impact is currently being assessed. - FY2023-Q3RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the "Fair Value Measurement Guidance") was adopted from the beginning of the first quarter of the 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. This change has no impact on the quarterly consolidated financial statements.」
The company continues to apply the new accounting policies based on the Fair Value Measurement Guidance adopted from the previous fiscal year and states that there is no impact on the financial statements. - FY2023-Q2RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the "Fair Value Measurement Guidance") was adopted from the beginning of the first quarter of the 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. This change has no impact on the quarterly consolidated financial statements.」
The company continues to apply the Fair Value Measurement Guidance adopted from the previous quarter and states that there is no impact on the quarterly consolidated financial statements. - FY2023-Q1AdvancedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the "Fair Value Measurement Guidance") was adopted from the beginning of the first quarter of the 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. This change has no impact on the quarterly consolidated financial statements for the first quarter or the cumulative first-quarter period.」
In addition to the Fair Value Measurement Standard adopted in the previous fiscal year, the implementation guidance published in 2021 was adopted from the beginning of the first quarter of the fiscal year. The company states that there was no impact on the financial statements. - FY2022RestatedAnnual report
「We adopted the Accounting Standard for Fair Value Measurement and related standards at the beginning of the fiscal year, and will apply the new accounting policies prescribed by those standards prospectively in accordance with the transitional treatment set out in paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments.」
The company continues to apply the Fair Value Measurement Standard and related standards adopted from the beginning of the fiscal year ending June 2022 and states that there is no impact on the consolidated financial statements. - FY2022-Q3RestatedAnnual report
「From the beginning of the first quarter consolidated accounting period, we adopted the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards. In accordance with the transitional treatment set out in paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments, we will apply the new accounting policies prescribed by these standards prospectively. There is no impact on the quarterly consolidated financial statements.」
The company continues to apply the Fair Value Measurement Standard and related standards adopted from the beginning of the first quarter of the fiscal year and states that there is no impact on the quarterly consolidated financial statements. - FY2022-Q2RestatedAnnual report
「From the beginning of the first quarter consolidated accounting period, we adopted the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards. In accordance with the transitional treatment set out in paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments, we will apply the new accounting policies prescribed by these standards prospectively. There is no impact on the quarterly consolidated financial statements.」
The company continues to apply the Fair Value Measurement Standard and related standards adopted from the beginning of the first quarter of the fiscal year and states that there is no impact on the quarterly consolidated financial statements. - FY2022-Q1AchievedAnnual report
「The Group adopted the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and other relevant standards from the beginning of the first quarter of the current fiscal year and will apply the new accounting policies prescribed by these standards prospectively in accordance with the transitional treatment set out in Paragraph 19 of the Fair Value Measurement Accounting Standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ Statement No. 10, 4 July 2019).」
The Accounting Standards for Fair Value Measurement and related standards, which had been scheduled for adoption in the previous fiscal year, were adopted from the beginning of the first quarter of the fiscal year. The company states that there was no impact on the quarterly consolidated financial statements. - FY2020First statedAnnual report
「Scheduled adoption date for the Accounting Standard for Fair Value Measurement and related standards: adoption is scheduled from the beginning of the fiscal year ending June 2022.」
For the new accounting standards on fair value measurement, disclosures of accounting estimates and disclosures of accounting policies, the company has for the first time collectively described their scheduled adoption at the end of the fiscal year ending June 2021 or from the beginning of the fiscal year ending June 2022.