Adoption of new accounting standards for revenue recognition and leases
First written in FY2018. 8 of 19 entries say "Restated". Latest entry: FY2026.
16 other companies' latest entry also says "Other".
- FY2026Additional planned adoption of accounting standards for subsequent eventsAnnual report
「“Accounting Standard for Events after the Reporting Period” (Accounting Standard No. 41, 9 January 2026) (2) Scheduled adoption date The standard will be adopted from the beginning of the fiscal year ending March 2028.」
In addition to the planned adoption of the lease accounting standard from the fiscal year ending March 2028, the accounting standards for subsequent events and other standards are also scheduled to be adopted from around the same time. - FY2025New lease accounting standard scheduled for adoption in 2028Annual report
「The company is currently assessing the impact on the consolidated financial statements of applying the Accounting Standard for Leases and related standards.」
The company disclosed that the new lease accounting standard is scheduled to be adopted from the beginning of the fiscal year ending March 2028 and that its impact on the consolidated financial statements is being assessed. - FY2025-H1MitigatedAnnual report
「The company has adopted the “Accounting and Disclosure Treatment for Corporate Income Taxes and Other Taxes Related to the Global Minimum Taxation System” (Practical Response Report No. 46, 22 March 2024, hereinafter the “Practical Response Report”) from the beginning of the current interim consolidated accounting period. The company is following the transitional treatment under Paragraph 7 and the provisions of Paragraph 15 of the Practical Response Report, and has not recognized corporate income taxes and other taxes related to global minimum taxation for the current interim consolidated accounting period. As a result, there was no impact on the interim consolidated financial statements.」
For global minimum taxation, whose impact had been under assessment in the previous fiscal year, the company adopted the accounting and disclosure treatment from the beginning of the current interim consolidated accounting period and disclosed that there was no recognition of related corporate income taxes and other taxes and no impact on the interim consolidated financial statements for the period. - FY2024Impact of global minimum taxation under assessmentAnnual report
「Accounting and disclosure treatment for corporate income taxes and other taxes related to the global minimum taxation system」
The company is assessing the impact on the consolidated financial statements of global minimum taxation, scheduled to be adopted from the beginning of the fiscal year ending March 2025. - FY2023MitigatedAnnual report
「The company adopted the implementation guidance for the accounting standards for fair value measurement from the beginning of the current consolidated fiscal year and will apply the new accounting policies prescribed by the guidance prospectively.」
The company adopted from the beginning of the current fiscal year the implementation guidance for the accounting standards for fair value measurement, which had been scheduled for adoption from the previous fiscal year, and disclosed fair value hierarchy levels and other information for investment trusts. - FY2023-Q3RestatedAnnual 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 Accounting Standard Implementation Guidance”) from the beginning of the first quarter of the current consolidated fiscal period and, in accordance with the transitional treatment prescribed in paragraph 27-2 of the guidance, will apply prospectively the new accounting policy prescribed by the guidance. This has no impact on the quarterly consolidated financial statements.」
The company continued applying the implementation guidance for the accounting standards for fair value measurement and reconfirmed that it had no impact on the quarterly consolidated financial statements. - FY2023-Q2RestatedAnnual 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 Accounting Standard Implementation Guidance”) from the beginning of the first quarter of the current consolidated fiscal period and, in accordance with the transitional treatment prescribed in paragraph 27-2 of the guidance, will apply prospectively the new accounting policy prescribed by the guidance. This has no impact on the quarterly consolidated financial statements.」
The company continued applying the implementation guidance for the accounting standards for fair value measurement and reconfirmed that it had no impact on the quarterly consolidated financial statements. - FY2023-Q1MitigatedAnnual report
「The Guidance on Implementing the Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) was applied from the beginning of the first quarter of the current consolidated 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 guidance will be applied prospectively. There was no impact on the quarterly consolidated financial statements.」
The company adopted the implementation guidance for the accounting standards for fair value measurement from the beginning of the current quarter and disclosed that it had no impact on the financial statements. - FY2022-Q3RestatedAnnual report
「The application of the revenue recognition accounting standard and related guidance follows the transitional treatment specified in the proviso to Paragraph 84 of the revenue recognition accounting standard. The cumulative effect of retrospectively applying the new accounting policy to periods before the beginning of the first quarter of the current consolidated fiscal year was added to or deducted from retained earnings at the beginning of that quarter, and the new accounting policy was applied from that opening balance.」
The company continued applying the Revenue Recognition Accounting Standard and disclosed that its impact on the quarterly consolidated financial statements was immaterial. It stated that applying the accounting standards for fair value measurement and related requirements had no impact. - FY2022-Q1MitigatedAnnual report
「The company adopted the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) 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 is transferred to the customer. The main changes are as follows. As a result, the impact on the quarterly consolidated financial statements was immaterial. The company also adopted the accounting standards for fair value measurement and related requirements from the beginning of the first quarter of the current fiscal year, but there was no impact on the quarterly consolidated financial statements.」
The company adopted the Revenue Recognition Accounting Standard from the beginning of the first quarter and changed the identification of performance obligations, including product sales and installation work, and the method of recognizing revenue over time. The impact on the financial statements was immaterial, and the company disclosed that the accounting standards for fair value measurement and related requirements had no impact. - FY2021Immaterial impact of revenue recognition standards; fair value standards still under assessmentAnnual report
「The impact of applying the accounting standard for revenue recognition and its implementation guidance was immaterial.」
The domestic revenue recognition standards were scheduled to be adopted from the beginning of the fiscal year ending March 2022, and their impact was disclosed as immaterial. Meanwhile, the impact of the accounting standards for fair value measurement and related requirements continued to be assessed. - FY2020-Q3RestatedAnnual report
「Subsidiaries that apply IFRS have adopted IFRS 16, “Leases,” from the first quarter of the current fiscal year. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet. The company is applying IFRS 16 in accordance with the transitional provisions. The impact of this change on the consolidated financial statements for the first 3 quarters of the current fiscal year was immaterial.」
The company reconfirmed the application of IFRS 16 at its IFRS-reporting subsidiaries and that its impact on the consolidated financial statements was immaterial. - FY2020-Q2RestatedAnnual report
「Subsidiaries that apply IFRS have adopted IFRS 16, “Leases,” from the first quarter of the current fiscal year. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet. The company is applying IFRS 16 in accordance with the transitional provisions. The impact of this change on the consolidated financial statements for the first 2 quarters of the current fiscal year was immaterial.」
The company continued applying IFRS 16 at its IFRS-reporting subsidiaries and reconfirmed that the transition to recognizing lease assets and liabilities and the impact on the consolidated financial statements were immaterial. - FY2020-Q1AdvancedAnnual report
「Subsidiaries that apply IFRS have adopted IFRS 16, “Leases,” from the first quarter of the current fiscal year. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet. The impact of this change on the consolidated financial statements for the first quarter of the current fiscal year was immaterial.」
The company's IFRS-reporting subsidiaries began applying IFRS 16 and transitioned to recognizing lease assets and liabilities. The company disclosed that the impact on the consolidated financial statements was immaterial. - FY2019RestatedAnnual report
「Subsidiaries in our group that apply IFRS have adopted IFRS 15, “Revenue from Contracts with Customers,” from the beginning of the current consolidated fiscal year. The impact of this change on profit or loss for the current consolidated fiscal year was immaterial.」
The company's IFRS-reporting subsidiaries began applying IFRS 15 and disclosed that its impact on profit or loss was immaterial. The domestic revenue recognition standards and related requirements were scheduled to be adopted from the fiscal year ending March 2022, and their impact was being assessed. - FY2019-Q3RestatedAnnual report
「Subsidiaries in our group that apply IFRS have adopted IFRS 15, “Revenue from Contracts with Customers,” from the first quarter of the current fiscal year. The impact of this change on profit or loss for the first 3 quarters of the current fiscal year was immaterial.」
The company's IFRS-reporting subsidiaries continued applying IFRS 15 and disclosed that its impact on profit or loss for the first 3 quarters was immaterial. - FY2019-Q2RestatedAnnual report
「Subsidiaries in our group that apply IFRS have adopted IFRS 15, “Revenue from Contracts with Customers,” from the first quarter of the current fiscal year. The impact of this change on profit or loss for the first 2 quarters of the current fiscal year was immaterial.」
The company's IFRS-reporting subsidiaries continued applying IFRS 15 and disclosed that its impact on first-half profit or loss was immaterial. - FY2019-Q1MitigatedAnnual report
「Subsidiaries in our group that apply IFRS have adopted IFRS 15, “Revenue from Contracts with Customers,” from the first quarter of the current fiscal year. The impact of this change on profit or loss for the first quarter of the current fiscal year was immaterial.」
The company's IFRS-reporting subsidiaries began applying IFRS 15 and disclosed that its impact on profit or loss for the first quarter was immaterial. - FY2018First statedAnnual report
「The amount of the impact from applying these accounting standards and related requirements is being assessed as of the preparation of these consolidated financial statements.」
The company has newly disclosed the planned future adoption of the revenue recognition standard, IFRS 15, Topic 606, IFRS 16, and Topic 842, and that the amounts of their impacts on the financial statements are being assessed.