Risk of changes to capital adequacy regulations, accounting standards and other requirements
First written in FY2016. 6 of 14 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Addition of Planned Lease Accounting Standard AdoptionAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2028.」
The new lease accounting standard not yet adopted is scheduled to be applied from the beginning of the fiscal year ending March 2028, and its impact is under assessment. - FY2025-H1MaterialisedAnnual report
「The Accounting Standard for Current Income Taxes and Business Taxes, etc. (Accounting Standard No. 27, 28 October 2022) and related standards have been applied from the beginning of the current interim consolidated accounting period.」
The accounting standards related to income taxes and other matters, which had been scheduled for application through the previous fiscal year, were actually applied from the beginning of the 2024 interim consolidated accounting period. The company stated that there was no impact on the interim consolidated financial statements. - FY2024Planned application of accounting standards not yet adopted updatedAnnual report
「The Accounting Standard for Tax Effect Accounting for Income Taxes, Inhabitant Taxes and Enterprise Taxes, the Accounting Standard for Presentation of Comprehensive Income and the Implementation Guidance on Accounting Standard for Tax Effect Accounting … are scheduled to be applied from the beginning of fiscal 2025.」
The company disclosed that new accounting standards related to tax-effect accounting and comprehensive income were scheduled to be applied from the beginning of the fiscal year ending March 2025 and that their impact was under assessment. - FY2023-Q3RestatedAnnual report
「The Guidance on Accounting Standard for Fair Value Measurement (Implementation Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Implementation Guidance”) was applied from the beginning of the first quarter of the consolidated accounting period. In accordance with the transitional treatment specified in Paragraph 27-2 of the guidance, the new accounting policies prescribed by the Fair Value Measurement Implementation Guidance will be applied prospectively.」
The company reconfirmed its continued application of the Fair Value Measurement Implementation Guidance, which has been applied since the previous quarter, and of the new accounting policies. - FY2023-Q2RestatedAnnual report
「The Guidance on Accounting Standard for Fair Value Measurement (Implementation Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Implementation Guidance”) was applied from the beginning of the current interim consolidated accounting period. In accordance with the transitional treatment specified in Paragraph 27-2 of the guidance, the new accounting policies prescribed by the Fair Value Measurement Implementation Guidance will be applied prospectively.」
The company reconfirmed the valuation method for investment trusts under the Fair Value Measurement Implementation Guidance, which was applied from the previous quarter. - FY2023-Q1MaterialisedAnnual report
「The Guidance on Accounting Standard for Fair Value Measurement (Implementation Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Implementation Guidance”) was applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment specified in Paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed by the guidance will be applied prospectively.」
The company moved beyond its previous disclosure that application was planned and actually applied the Fair Value Measurement Implementation Guidance from the beginning of the current quarter. - 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 company continues to apply the Revenue Recognition Accounting Standard, Fair Value Measurement Accounting Standard and other standards that were adopted from the first quarter of fiscal 2021. The Revenue Recognition Accounting Standard has had no impact on profit or loss or retained earnings, while the impact of the Fair Value Measurement Accounting Standard and other standards has been immaterial. - FY2022-Q1MaterialisedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. 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 Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards were also applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment specified in Paragraph 19 of the Fair Value Measurement Accounting Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standard No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards will be applied prospectively.」
The Revenue Recognition Accounting Standard and Fair Value Measurement Accounting Standard, which had been scheduled for application through the previous fiscal year, were actually applied from the beginning of the first quarter of fiscal 2021. The company stated that the Revenue Recognition Accounting Standard had no impact on profit or loss or retained earnings, while the impact of the Fair Value Measurement Accounting Standard on the financial statements was immaterial. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and the Guidance on Accounting Standard for Revenue Recognition (Implementation Guidance No. 30, 26 March 2021) are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The new accounting standards for revenue recognition and fair value measurement were scheduled to be applied from the fiscal year ending March 2022, and their impact was under assessment. - FY2020RestatedAnnual report
「The Company plans to apply 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, 31 March 2020) from the beginning of FY2022.」
The planned application periods for new standards, including revenue recognition, fair value measurement, accounting policy disclosures and disclosures of accounting estimates, and the fact that their impact was under assessment are disclosed. - FY2018MaterialisedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 30 March 2018) and the “Implementation Guidance on the Accounting Standard for Revenue Recognition” (ASBJ Guidance No. 30, 30 March 2018) are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
New revenue recognition accounting standards were issued, and the planned application period was indicated. The amount of the impact was being assessed as of the date the financial statements were prepared. - FY2017MaterialisedAnnual report
「Following the revision of the Corporation Tax Act, the company applied the Practical Response Report on the Change in Depreciation Methods Related to the 2016 Tax Reform during the current consolidated fiscal year and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, ordinary income and net income before income taxes and adjustments for the current consolidated fiscal year increased by ¥24 million each.」
The change in the depreciation method based on the tax reform and the Practical Response Report was actually applied, and the amount of its impact on profit was recognized. - FY2017-Q3MaterialisedAnnual report
「Following the revision of the Corporation Tax Act, the company applied the Practical Response Report on the Change in Depreciation Methods Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, ordinary income and quarterly net income before income taxes and adjustments for the nine-month period of the current consolidated fiscal year increased by ¥14 million each.」
The change in the depreciation method resulting from the revision of the Corporation Tax Act and the related Practical Response Report was actually applied, and the amount of its impact on profit was disclosed. - FY2016First statedAnnual report
「Changes in laws and regulations, business practices, interpretations or other matters could affect the Bank's operations, performance, financial position, capital adequacy ratio and other factors.」
Examples include tighter Basel regulations, convergence of accounting standards and mandatory adoption of IFRS.