Application of the Revenue Recognition and Fair Value Measurement Accounting Standards for the Fiscal Year Ending September 2022
First written in FY2021. 3 of 6 entries say "Restated". Latest entry: FY2024.
125 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company and certain domestic consolidated subsidiaries apply the group consolidated taxation system.」
The group consolidated taxation system, which replaced the consolidated taxation system, continues to be applied for the full fiscal 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”) 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 policy prescribed by the guidance was applied prospectively. There is no impact on the quarterly consolidated financial statements.」
The accounting policy for fair value measurement continues to be applied, and the company states that it has no impact on the quarterly consolidated financial statements. - FY2023-Q2RestatedAnnual report
「The Implementation Guidance on 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 policy prescribed by the guidance was applied prospectively. There is no impact on the quarterly consolidated financial statements.」
The accounting policy for fair value measurement continues to be applied. The company states that it has no impact on the quarterly consolidated financial statements. - FY2022-Q1AchievedAnnual report
「The “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 19 of the standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the standards will be applied prospectively. The application has no impact on the quarterly consolidated financial statements.」
The fair value measurement accounting standards and other related standards were also applied from the beginning of the first quarter of the 12th fiscal year. The company stated that they had no impact on the quarterly consolidated financial statements. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter 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. As a result, for certain advertising revenue, the company previously recognized the total consideration received from customers as revenue. It now determines whether the group acts as a principal or an agent in providing goods or services to customers, and for transactions in which the group is determined to act as an agent, recognizes revenue on a net basis after deducting the amount paid to suppliers from the amount received from customers.」
The Revenue Recognition Standard was applied from the beginning of the first quarter of the 12th fiscal year, changing the presentation of certain advertising transactions from gross to net as agent transactions. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and the Implementation Guidance on Accounting Standard for Revenue Recognition (Implementation Guidance No. 30, 26 March 2021) will be applied from the beginning of the fiscal year ending September 2022. The Accounting Standard for Fair Value Measurement and other related standards will also be applied from the beginning of the fiscal year ending September 2022.」
The company first disclosed its policy of applying the new accounting standards for revenue recognition and fair value measurement from the beginning of the fiscal year ending September 2022, while the impact on the consolidated financial statements remained under evaluation.