Preparing for Future Adoption of the Income Tax and Lease Accounting Standards
First written in FY2024. 1 of 3 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025.
6 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「We have applied the "Accounting Standard for Accounting for Income Taxes, Inhabitant Taxes and Enterprise Taxes" (Accounting Standards Board of Japan Statement No. 27, dated 28 October 2022; hereinafter, the "2022 Revised Accounting Standard") and other standards from the beginning of the current consolidated fiscal year.」
The company applied the accounting standards related to corporate income taxes and other matters, which had been scheduled for application in FY2024, from the beginning of FY2025, and stated that they had no impact on the consolidated financial statements. Application of the lease accounting standards remains scheduled from the beginning of the fiscal year ending October 2028. - FY2025-H1AdvancedAnnual report
「The Accounting Standard for Tax Effect Accounting for Corporate Income Taxes, Inhabitant Taxes, and Enterprise Taxes and Other Taxes (ASBJ Statement No. 27, 28 October 2022), the Accounting Standard for Presentation of Comprehensive Income (ASBJ Statement No. 25, 28 October 2022), and the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 28 October 2022) have been applied from the beginning of the current interim consolidated accounting period. These standards have had no impact on the interim consolidated financial statements.」
The company applied the accounting standards related to corporate income taxes and other matters, which had been scheduled for application in FY2024, from the beginning of the FY2025 interim consolidated accounting period, and stated that they had no impact on the financial statements. - FY2024First statedAnnual report
「The Accounting Standard for Tax Effect Accounting for Corporate Income Taxes, Inhabitant Taxes, and Enterprise Taxes and related standards will be applied from the beginning of the fiscal year ending October 2025. The Accounting Standard for Leases and related standards will be applied from the beginning of the fiscal year ending October 2028.」
The company plans to apply the unapplied accounting standards related to corporate income taxes from the fiscal year ending October 2025 and the lease accounting standards from the fiscal year ending October 2028, and is assessing their impact on the consolidated financial statements.