Application of the Accounting Standards for Revenue Recognition and Fair Value Measurement
First written in FY2021. 1 of 4 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q3.
130 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The Company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the "Fair Value Measurement Guidance") 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 Company will apply the new accounting policies prescribed by the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
The company continued to disclose the accounting treatment of applying the implementation guidance for the fair value measurement accounting standard from the beginning of the current fiscal year, reporting no impact on the financial statements. - FY2023-Q1AdvancedAnnual report
「The Company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the "Fair Value Measurement Guidance") 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 Company will apply the new accounting policies prescribed by the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
Following the application of the fair value measurement accounting standard, the revised implementation guidance was applied from the beginning of the first quarter. The changes were reported to have no impact on the financial statements. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards were applied from the beginning of the first quarter of the current fiscal year, and revenue is now recognised 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 Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “fair value measurement accounting standard”) and other relevant standards were applied from the beginning of the first quarter of the current fiscal year, and the new accounting policies prescribed by the fair value measurement accounting standard and other relevant standards are being applied prospectively.」
The planned application of the revenue recognition and fair value measurement standards moved into the implementation phase from the beginning of the first quarter of the fiscal year ending March 2022. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and other relevant standards will be applied from the beginning of the fiscal year ending March 2022. The Accounting Standard for Fair Value Measurement and other relevant standards will also be applied from the beginning of the fiscal year ending March 2022.」
The company disclosed plans to apply the revenue recognition standard and fair value measurement standard from the beginning of the fiscal year ending March 2022. The impact of the revenue recognition standard was described as immaterial, while the impact of the fair value measurement standard had not yet been determined.