Preparation for the Adoption of New Accounting Standards, Including Revenue Recognition and Fair Value Measurement
First written in FY2021. 3 of 7 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 7 of 73 companies on the "Worse" side.
40 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「There were no material changes to the descriptions of the accounting estimates and the assumptions used in those estimates in the section "Management's Analysis of Financial Position, Operating Results and Cash Flows" of the securities report for the previous fiscal year.」
The company reconfirmed that there had been no material changes from the previous fiscal year in accounting estimates or the assumptions underlying them. - FY2025-H1RestatedAnnual report
「There were no material changes to the descriptions of the accounting estimates and the assumptions used in those estimates in the section "Management's Analysis of Financial Position, Operating Results and Cash Flows" of the securities report for the previous fiscal year.」
The company reconfirmed that there had been no material changes from the previous fiscal year in accounting estimates or the assumptions underlying them. - FY2023RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement has been applied from the beginning of the current fiscal year, and the new accounting policies prescribed by the guidance are being applied prospectively. This has had no impact on the consolidated financial statements.」
The company applied the Implementation Guidance on the Accounting Standard for Fair Value Measurement from the beginning of the current fiscal year and reconfirmed that it had no impact on the consolidated financial statements. - FY2023-Q1AchievedAnnual report
「The Implementation Guidance on the 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. 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 are being applied prospectively. This has had no impact on the quarterly consolidated financial statements.」
The Implementation Guidance on the Accounting Standard for Fair Value Measurement, which had been scheduled for application and whose impact was being assessed in the previous fiscal year, was applied from the beginning of the first quarter of the current fiscal year. It had no impact on the financial statements. - FY2022AdvancedAnnual report
「The impact on the consolidated financial statements of applying the Implementation Guidance on the Accounting Standard for Fair Value Measurement and related standards is currently being assessed.」
Following the application of the revenue recognition and fair value measurement standards, the Implementation Guidance on the Accounting Standard for Fair Value Measurement is scheduled to be applied from the beginning of the fiscal year ending March 2023, and the impact is being assessed. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the first quarter of the current fiscal year. Previously, the group recognized revenue from overseas export sales when products were shipped, but has changed to recognizing revenue when the products arrive at the location agreed with the customer, at which point the performance obligation is deemed to have been satisfied.」
The revenue recognition and fair value measurement standards and related standards were applied from 1 April 2021. As a result of the change in revenue recognition, quarterly net sales decreased by ¥187.887 million, cost of sales decreased by ¥156.676 million, and the quarterly operating loss, ordinary loss and loss before income taxes increased by ¥31.210 million. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact of their application on the consolidated financial statements is currently being assessed. The Accounting Standard for Fair Value Measurement and related standards are also scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company first disclosed that the revenue recognition and fair value measurement standards and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, and that the impact was being assessed.