Response to New Accounting Standards, Including Revenue Recognition and Fair Value Measurement
First written in FY2020. 5 of 10 entries say "Restated". Latest entry: FY2025-H1.
66 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The company has applied the “Accounting Standard for Income Taxes, Resident Taxes and Enterprise Taxes, etc.” (Accounting Standard No. 27, 28 October 2022; hereinafter, the “2022 Revised Accounting Standard”) and other relevant standards from the beginning of the interim consolidated accounting period.」
The accounting standards revised in 2022 and other standards, which had previously been scheduled for application, were applied from the beginning of the current interim consolidated accounting period. It is stated that the change in accounting policies had no impact on the interim consolidated financial statements. - FY2024Planned Adoption of the Accounting Standard for Tax Effect AccountingAnnual report
「The “Accounting Standard for Current Income Taxes, Resident Taxes and Enterprise Taxes, etc.” and other standards will be applied from the beginning of the fiscal year ending March 2025.」
It was indicated that the new tax-effect accounting standards and related guidance are scheduled to be applied from the beginning of the fiscal year ending March 2025, and that the amount of the impact is being assessed. - FY2023RestatedAnnual report
「The “Implementation Guidance on 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 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 in the guidance are being applied prospectively. There is no impact on the consolidated financial statements.」
The application of the Fair Value Measurement Guidance from the beginning of the fiscal year and the absence of any impact on the consolidated financial statements have also been confirmed for the full year. - FY2023-Q3RestatedAnnual report
「The “Implementation Guidance on 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 in the guidance are being applied prospectively. There is no impact on the quarterly consolidated financial statements for the cumulative third quarter.」
The application of the Fair Value Measurement Guidance from the beginning of the fiscal period and the absence of any impact on the quarterly consolidated financial statements have been reconfirmed. - FY2023-Q1RestatedAnnual report
「The “Implementation Guidance on 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 in the guidance are being applied prospectively. There is no impact on the quarterly consolidated financial statements for the cumulative first quarter.」
The Fair Value Measurement Guidance was applied from the beginning of the first quarter of the current fiscal year, with no impact on the financial statements. - FY2022AchievedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the current consolidated 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 accounting standards for revenue recognition and related standards, which had been scheduled for adoption in the previous fiscal year, were applied from the beginning of the current fiscal year. It is stated that they had no impact on the financial statements. - FY2022-Q3RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) 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 transfers to the customer.」
The accounting standards for revenue recognition and related standards applied from the beginning of the first quarter of the current consolidated fiscal year continue to be applied. - FY2022-Q2RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) 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 transfers to the customer.」
The accounting standards for revenue recognition and related standards applied from the beginning of the first quarter of the current consolidated fiscal year continued to be applied in the second quarter. It is stated that they had no impact on profit or loss. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were adopted from the beginning of the current first quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services is transferred to the customer.」
The accounting standards for revenue recognition and related standards, which had been scheduled for adoption in the previous fiscal year, were applied from the beginning of the first quarter of the current consolidated fiscal year. Presentation was also changed to include contract assets. The accounting standards for fair value measurement and related standards were likewise applied from the beginning of the quarter, and it is stated that they had no impact on the quarterly financial statements. - FY2020First statedAnnual report
「The accounting standards for revenue recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. The accounting standards for the calculation of fair value and related standards are also scheduled to be applied from the beginning of the fiscal year ending March 2022. The accounting standard for disclosures of accounting policies, changes in accounting estimates and corrections of errors is scheduled to be applied from the fiscal year-end for the fiscal year ending March 2021.」
The scheduled adoption dates for new accounting standards concerning revenue recognition, fair value measurement and disclosure of accounting policies, among others, and the fact that their financial impact was under assessment or undetermined were disclosed for the first time.