Application of the Revenue Recognition and Fair Value Measurement Accounting Standards for the Fiscal Year Ended January 2023
First written in FY2022. 2 of 3 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2024-Q2.
36 other companies' latest entry also says "Achieved".
- FY2024-Q2AchievedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement and related guidance from the beginning of the first quarter of the consolidated fiscal year, applying the new accounting policies prescribed by the guidance prospectively. It states that there was no impact on the quarterly consolidated financial statements.」
The company applied the implementation guidance for the accounting standard on fair value measurement and related guidance from the beginning of the first quarter of the consolidated fiscal year and states that there was no impact on the quarterly consolidated financial statements. - FY2023-Q1AchievedAnnual report
「The company applied 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 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 transfers to the customer. As a result, revenue for the cumulative first quarter increased by ¥5.945 million, while operating income, ordinary income and profit before income taxes increased by ¥15.358 million each. The opening balance of retained earnings decreased by ¥46.166 million.」
The company applied the revenue recognition accounting standard, which had been scheduled for adoption from the fiscal year ending January 2023, from the beginning of the current quarter. It changed the accounting for agent transactions to net presentation and changed the timing of allocation for job advertisements over the service period, and disclosed the resulting impact on revenue and other items. - FY2022First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending January 2023.」
The accounting standards for revenue recognition and the accounting standards for fair value measurement were scheduled to be applied from the beginning of the fiscal year ending January 2023, and the impact on the financial statements was under evaluation.