Preparing for Adoption of Revenue Recognition and Tax Effect Accounting Standards
First written in FY2018. 3 of 7 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 7 of 76 companies on the "Worse" side.
19 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「We have applied the Accounting Standard for Accounting for Income Taxes, Inhabitant Taxes and Enterprise Taxes (ASBJ Statement No. 27, 28 October 2022) and related standards from the beginning of the current interim consolidated fiscal period.」
The 2022 amended accounting standards and other standards were applied from the beginning of the current interim consolidated accounting period, moving from the preparation stage to the implementation stage. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, the major management metrics and other indicators for the cumulative first quarter are those calculated after application of the accounting standard and related standards.」
The accounting standards for revenue recognition, which had been scheduled for application from the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year. - FY2020RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company reconfirmed its plan to apply the accounting standards for revenue recognition from the fiscal year ending March 2022. - FY2019-Q3RestatedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, dated 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
It reiterates that the amended standards on tax effect accounting were applied from the beginning of the first quarter of the consolidated fiscal period. - FY2019-Q2RestatedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, dated 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
It reiterates that the amended standards on tax effect accounting were applied from the beginning of the first quarter of the consolidated fiscal period. - FY2019-Q1AdvancedAnnual report
「The Company has applied the “Partial Amendments to Accounting Standards for Tax Effect Accounting” (ASBJ Statement No. 28, 16 February 2018) and related standards from the beginning of the current first quarter of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The amended standards on tax effect accounting were applied from the beginning of the first quarter. The implementation of tax effect accounting has progressed separately from the planned application of the revenue recognition standard. - FY2018First statedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2032.」
It states that the accounting standard for revenue recognition was scheduled to be applied from the beginning of the fiscal year ending March 2022, and that the implementation guidance on tax effect accounting would also be applied from the beginning of the fiscal year ending March 2019.