Adoption of IFRS by UACJ, an Equity-Method Affiliate, and Harmonization of Accounting Standards
First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「UACJ Corporation, an equity-method affiliate of the company, previously prepared its consolidated financial statements under Japanese accounting standards, but has prepared them under International Financial Reporting Standards (IFRS) since the beginning of the current consolidated fiscal year.」
UACJ's application of IFRS and the application of the equity method based on IFRS-compliant financial statements continued throughout the fiscal year. The objectives are to improve the comparability of financial statements, enhance disclosure and align accounting standards within the Group. - FY2024-Q2RestatedAnnual report
「UACJ Corporation, an equity-method affiliate of the company, previously prepared its consolidated financial statements under Japanese accounting standards, but has prepared them under International Financial Reporting Standards (IFRS) since the first quarter. Accordingly, from the first quarter, the company has applied the equity method based on UACJ Corporation's consolidated financial statements prepared in accordance with IFRS.」
UACJ's application of IFRS and the resulting equity-method accounting have continued since the first quarter. The accounting treatment using comparative information after retrospective application has also been reaffirmed. - FY2024-Q1First statedAnnual report
「UACJ Corporation, an equity-method affiliate of the company, previously prepared its consolidated financial statements under Japanese accounting standards, but has prepared them under International Financial Reporting Standards (IFRS) since the first quarter of the current fiscal year.」
UACJ Corporation, an equity-method affiliate, began applying IFRS, and the change was reflected in the company's equity-method accounting. Comparative information was restated through retrospective application. This was first described as an initiative to improve the international comparability of financial statements, enhance disclosure and align accounting standards within the Group.