Preparing to Apply the New Revenue Recognition and Fair Value Measurement Standards
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2025.
126 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards have been applied 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 Revenue Recognition Standard and other standards have been applied, and the accounting policy of recognizing revenue when control is transferred to the customer has continued. - FY2023RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards have been applied 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 Revenue Recognition Standard, the Fair Value Measurement Standard and other standards have been applied from the beginning of the current consolidated fiscal year, with no impact on income or loss. - FY2023-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards have been applied from the beginning of the first quarter consolidated accounting period. 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 Revenue Recognition Standard has been applied from the beginning of the first quarter consolidated accounting period, and that accounting policy has continued to be applied in the second quarter. - FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards have been applied from the beginning of the current first quarter accounting period. Accordingly, the key management indicators and other information for the cumulative first quarter are based on the application of these accounting standards. The Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Standard”) and other standards have been applied from the beginning of the current first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standards Board of Japan Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and other standards will be applied prospectively.」
The Accounting Standard for Revenue Recognition and the Fair Value Measurement Standard, which had been presented in the previous fiscal year as standards being prepared for adoption, were actually applied from the beginning of the current first quarter accounting period. It is stated that there was no impact on the opening balance of retained earnings, income or loss for the current first quarter, or the quarterly consolidated financial statements. - FY2022First statedAnnual report
「Effective date The new standards are scheduled to be applied from the beginning of the fiscal year ending February 2023.」
The Accounting Standard for Revenue Recognition, the Accounting Standard for Fair Value Measurement and other standards are scheduled to be applied from the beginning of the fiscal year ending February 2023, and the amount of the impact is under assessment.