Preparation for the application of tax-effect accounting and revenue recognition standards
First written in FY2018. 5 of 12 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 7 of 77 companies on the "Worse" side.
22 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The accounting standard for income taxes, municipal and enterprise taxes, and other taxes (Accounting Standard No. 27, 28 October 2022, Accounting Standards Board of Japan), the accounting standard for presentation of comprehensive income (Accounting Standard No. 25, 28 October 2022, Accounting Standards Board of Japan), and the implementation guidance for the accounting standards for tax-effect accounting (Implementation Guidance No. 28, 28 October 2022) have been applied from the beginning of the fiscal year.」
The standards concerning income taxes and other taxes, presentation of comprehensive income, and tax-effect accounting, which had been scheduled for application in previous filings, were applied from the beginning of the fiscal year, and it was disclosed that they had no impact on the financial statements. - FY2023AdvancedAnnual report
「The Accounting Standard for Current Income Taxes and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2025.」
Following application of the revenue recognition accounting standard, the planned application from the beginning of the fiscal year ending March 2025 of newly identified standards concerning income taxes, presentation of comprehensive income, and tax-effect accounting was noted. The amount of the impact is being evaluated. - FY2022-Q3Impact of the revenue recognition accounting standard on cumulative third-quarter results disclosedAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year increased by ¥10,620 thousand, cost of sales increased by ¥10,283 thousand, and operating profit, ordinary profit, and profit before income taxes increased by ¥336 thousand each. The opening balance of retained earnings also decreased by ¥6,904 thousand.」
The specific impact of the revenue recognition accounting standard, applied from the first quarter, on cumulative third-quarter revenue, profit, and retained earnings was disclosed. - FY2022-Q2Disclosed the impact of applying the accounting standardsAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year decreased by ¥13,438 thousand, cost of sales decreased by ¥9,312 thousand, and operating profit, ordinary profit, and profit before income taxes decreased by ¥4,126 thousand each. The opening balance of retained earnings also decreased by ¥6,904 thousand.」
The specific impact of the revenue recognition accounting standard, applied from the first quarter, on cumulative second-quarter revenue, profit, and retained earnings was disclosed. - 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, and the key management indicators and other figures for the cumulative first quarter reflect application of these accounting standards and related guidance. The accounting standard for fair value measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the “fair value measurement accounting standard”) and related standards have also been applied from the beginning of the first quarter of the current consolidated fiscal year.」
The revenue recognition accounting standard and the fair value measurement accounting standard and related standards, which had been described as pending implementation in previous filings, were applied from the beginning of the first quarter of the current consolidated fiscal year. - FY2021RestatedAnnual report
「The accounting standard for revenue recognition and its implementation guidance will apply from the beginning of the fiscal year ending March 2022. The accounting standard for fair value measurement and related standards are scheduled to apply from the beginning of the fiscal year ending March 2022.」
In addition to the revenue recognition accounting standard, preparations continue for applying the accounting standards for fair value measurement and related matters from the beginning of the fiscal year ending March 2022. - FY2020RestatedAnnual report
「The accounting standard for revenue recognition and its implementation guidance will apply from the beginning of the fiscal year ending March 2022. The accounting standard for disclosures of accounting estimates will apply from the fiscal year-end for the fiscal year ending March 2021.」
Preparations for applying the revenue recognition accounting standard and related guidance from the fiscal year ending March 2022 continue, and the planned application of the accounting standard for disclosures of accounting estimates from the fiscal year ending March 2021 was newly noted. - FY2019RestatedAnnual report
「The Accounting Standard for Revenue Recognition and the Guidance on Accounting Standard for Revenue Recognition will be applied from the beginning of the fiscal year ending March 2022.」
The revenue recognition accounting standard has been applied from the fiscal year ending March 2022, and preparations continue on the basis that the amount of its impact is currently being evaluated. - FY2019-Q3RestatedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018), among others, from the beginning of the first quarter of the current consolidated fiscal year. For its financial position, it compares and analyzes the figures for the previous consolidated fiscal year using figures after retrospective application of these accounting standards and related standards.」
It continues to be noted that the standards and related guidance concerning tax-effect accounting have been applied from the beginning of the first quarter of the consolidated fiscal year. - FY2019-Q2RestatedAnnual report
「The Partial Amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, 16 February 2018) and related guidance have been applied from the beginning of the first quarter of the consolidated accounting period,」
It continues to be noted that the standards and related guidance concerning tax-effect accounting have been applied from the beginning of the first quarter of the consolidated fiscal year. - FY2019-Q1AdvancedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018), among others, have been applied from the beginning of the first quarter of the current consolidated fiscal year. The financial position is compared with and analysed against the previous consolidated fiscal year using figures after retrospective application of these accounting standards and related guidance.」
The standards related to tax-effect accounting, for which preparations had been noted in the previous filing, were applied from the beginning of the first quarter of the current consolidated fiscal year. - FY2018First statedAnnual report
「The implementation guidance for the accounting standards for tax-effect accounting and related guidance will apply from the beginning of the fiscal year ending March 2019. The accounting standard for revenue recognition and its implementation guidance will apply from the beginning of the fiscal year ending March 2022.」
The applicable fiscal years for the implementation guidance for tax-effect accounting and the revenue recognition accounting standard were specified, and preparations for implementation were noted while the amounts of any impact were being evaluated.