Preparing for the Adoption of New Revenue Recognition and Fair Value Measurement Standards
First written in FY2020. 5 of 7 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2026.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Accounting Standard for Subsequent Events (Accounting Standard No. 41, 9 January 2026) and the Implementation Guidance on the Accounting Standard for Subsequent Events (Implementation Guidance No. 35, 9 January 2026) are scheduled to be applied from the beginning of the fiscal year ending June 2028.」
In addition to the lease accounting standard, the company stated that the Accounting Standard for Subsequent Events and its implementation guidance are scheduled to be applied from the beginning of the fiscal year ending June 2028. - FY2025AdvancedAnnual report
「The standards are scheduled to be applied from the beginning of the fiscal year ending June 2028.」
The company newly indicated that it planned to apply the accounting standards and related guidance on leases from the beginning of the fiscal year ending June 2028, and was assessing the amount of the impact. - FY2025-H1AdvancedAnnual report
「We have applied the “Accounting Standard for Accounting for Income Taxes, Residents' Taxes and Enterprise Taxes” (Accounting Standard No. 27, 28 October 2022) and other standards from the beginning of the current interim consolidated accounting period.」
The company applied the Accounting Standard for Current Income Taxes and related standards from the beginning of the current interim consolidated accounting period. It stated that the change in accounting policy had no impact on the interim consolidated financial statements. - FY2024AdvancedAnnual report
「The company will apply the standards from the beginning of the fiscal year ending June 2025.」
The company indicated that it planned to apply new accounting standards and related guidance on tax-effect accounting from the beginning of the fiscal year ending June 2025. The amount of the impact is currently under assessment. - FY2023-Q3AdvancedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the "Fair Value Measurement Accounting Standard Implementation Guidance") from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Accounting Standard Implementation Guidance, the new accounting policies prescribed by the guidance will be applied prospectively. This has no impact on the quarterly consolidated financial statements.」
The Implementation Guidance on Accounting Standard for Fair Value Measurement was actually applied from the beginning of the first quarter of the current consolidated fiscal year. The company stated that there was no impact on the quarterly consolidated financial statements. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and related standards from the beginning of the first quarter of the current 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 company also applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Accounting Standard") and related standards from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 19 of the Fair Value Measurement Accounting Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards will be applied prospectively.」
The Accounting Standard for Revenue Recognition, the Accounting Standard for Fair Value Measurement and related standards were actually applied from the beginning of the first quarter of the fiscal year ending June 2022. The company stated that there was no impact on the financial statements. - FY2020First statedAnnual report
「The standards are scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The company indicated that it planned to apply the Accounting Standard for Revenue Recognition and the Accounting Standard for Fair Value Measurement and related standards from the fiscal year ending June 2022, and was assessing the amount of the impact.