Preparing to adopt new accounting standards, including revenue recognition and accounting estimates
First written in FY2020. 3 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2026.
48 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「• Accounting Standard for Subsequent Events (Accounting Standard No. 41, 9 January 2026, Accounting Standards Board of Japan) • Guidance on Accounting Standard for Subsequent Events (Accounting Standards Application Guidance No. 35, 9 January 2026, Accounting Standards Board of Japan) (2) Scheduled date of application The standards will be applied from the beginning of the fiscal year ending March 2028.」
In addition to the lease accounting standard, new standards and implementation guidance concerning subsequent events were added as standards scheduled for adoption from the beginning of the fiscal year ending March 2028. - FY2025AdvancedAnnual report
「The company is currently assessing the impact on the consolidated financial statements of applying the Accounting Standard for Leases and related standards.」
Lease accounting standards and other standards were added as new unadopted accounting standards, and the company states that it is evaluating the estimated impact of adoption from the beginning of the fiscal year ending March 2028. - FY2023Added the scheduled 2025 adoption of the tax-effect accounting standard and other standardsAnnual report
「・“Accounting Standard for Current Income Taxes, Resident Taxes and Business Taxes, etc.”... ・“Accounting Standard for Presentation of Comprehensive Income”... ・“Implementation Guidance on Accounting Standard for Tax Effect Accounting”... (2) Scheduled adoption date The standards will be adopted from the beginning of the fiscal year ending March 2025.」
In addition to the standards already adopted, the company plans to adopt, from the beginning of the fiscal year ending March 2025, the unadopted standards concerning corporate income taxes, comprehensive income and tax-effect accounting. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 accounting treatment following adoption of the revenue recognition accounting standard, which was adopted from the beginning of the first quarter of the current consolidated fiscal year, is being reconfirmed. There is no impact on profit or loss or the opening balance of retained earnings. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 accounting treatment following adoption of the revenue recognition accounting standard, which was adopted from the beginning of the first quarter of the current consolidated fiscal year, is being reconfirmed. There is no impact on profit or loss or the opening balance of retained earnings for the cumulative second quarter. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The revenue recognition accounting standard, which was described as being under preparation for adoption in the previous fiscal year, was actually adopted from the beginning of the first quarter of the current consolidated fiscal year. It states that there was no impact on profit or loss or the opening balance of retained earnings. - FY2021AdvancedAnnual report
「The Company has applied the Accounting Standard for Disclosure of Accounting Estimates (ASBJ Statement No. 31, dated 31 March 2020) to the consolidated financial statements for the year-end of the current consolidated fiscal year and has included notes on significant accounting estimates in the consolidated financial statements.」
Regarding preparations to apply standards not yet in use, the company actually applied the disclosure standard for accounting estimates from the end of the current fiscal year. The revenue recognition standard was scheduled to apply from the beginning of the fiscal year ending March 2022, and the company was evaluating its impact. - FY2020First statedAnnual report
「“Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 30 March 2018, Accounting Standards Board of Japan)」
The company listed the revenue recognition standard, the disclosure standard for accounting estimates, and the standard concerning disclosures of accounting policies as standards not yet applied. It planned to apply the revenue recognition standard from the fiscal year ending March 2022 and the other 2 standards from the fiscal year-end of the fiscal year ending March 2021.