Adoption of New Accounting Standards for Revenue Recognition and Fair Value Measurement
First written in FY2020. 5 of 9 entries say "Restated". Latest entry: FY2026.
44 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Accounting Standard for Leases (Accounting Standards Board of Japan Statement No. 34, 13 September 2024, Accounting Standards Board of Japan)」
The new lease accounting standards and related standards were listed as standards not yet applied. They are scheduled to be applied from the beginning of the fiscal year ending March 2028, with the impact on the consolidated financial statements still under assessment. The accounting standards and related standards on subsequent events are likewise scheduled to be applied from the beginning of the fiscal year ending March 2028. - 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 Implementation Guidance”) has been applied from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein have been applied prospectively. There was no impact on the quarterly consolidated financial statements as a result.」
The application of the Fair Value Measurement Implementation Guidance from the beginning of the first quarter accounting period has continued, and the company has disclosed that there was no impact on the 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 Implementation Guidance”) has been applied from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein have been applied prospectively. There was no impact on the quarterly consolidated financial statements as a result.」
The application of the Fair Value Measurement Implementation Guidance from the beginning of the first quarter accounting period has continued, and the company has disclosed that there was no impact on the financial statements. - FY2023-Q1RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) has been applied from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein have been applied prospectively. There was no impact on the quarterly consolidated financial statements as a result.」
The Fair Value Measurement Implementation Guidance has been applied from the beginning of the first quarter accounting period, and the company has disclosed that there was no impact on the quarterly consolidated financial statements. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the current consolidated fiscal year. Accordingly, 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.」
The Revenue Recognition Accounting Standards, etc., were applied from the beginning of the fiscal year, and the impact disclosed included a ¥253.763 million decrease in net sales and a ¥6.821 million increase in operating profit. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter consolidated accounting period. As a result, for the second quarter consolidated cumulative period, net sales decreased by ¥46 million, cost of sales increased by ¥1 million, selling, general and administrative expenses decreased by ¥66 million, operating loss, ordinary loss and loss before income taxes each decreased by ¥17 million, income taxes adjustments decreased by ¥3 million, and net loss decreased by ¥21 million.」
The application of the Revenue Recognition Accounting Standards, etc., from the beginning of the first quarter accounting period has continued, and the impact on the current second quarter cumulative period has been disclosed. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and the Implementation Guidance on Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 26 March 2021) (collectively, the “Revenue Recognition Accounting Standards, etc.”) have been applied from the beginning of the first quarter accounting period. Accordingly, 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.」
The Revenue Recognition Accounting Standards, etc., which had been scheduled for application in the previous fiscal year, were applied from the beginning of the first quarter accounting period. The accounting standards for fair value measurement and related standards were also applied, and the company states that there was no impact on the quarterly consolidated financial statements. - FY2021AdvancedAnnual report
「We applied the Accounting Standard for Disclosure of Accounting Estimates to the consolidated financial statements for the fiscal year-end and included notes on significant accounting estimates.」
The accounting standard for the disclosure of accounting estimates, which had been scheduled for application in the previous fiscal year, was applied from the fiscal year-end, and notes on significant estimates were included. The standards on revenue recognition, fair value measurement and other matters were scheduled to be applied from the beginning of the fiscal year ending March 2022, with the impact expected to be immaterial. - FY2020First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The Accounting Standard for Disclosure of Accounting Estimates is scheduled to be applied from the end of the fiscal year ending March 2021.」
The company described for the first time its policies for addressing the new standards on revenue recognition, fair value measurement, financial instruments and disclosure of accounting estimates. The impact on the consolidated financial statements from their application is under assessment or has not yet been determined.