Preparation for the Adoption of New Accounting Standards from the Fiscal Year Ending March 2022
First written in FY2021. 3 of 8 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025.
44 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The “Accounting Standard for Leases” (ASBJ Statement No. 34, 13 September 2024) and the “Implementation Guidance on Accounting Standard for Leases” (ASBJ Guidance No. 33, 13 September 2024) are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
The company plans to apply the new lease accounting standard from the fiscal year ending March 2028 and is assessing the impact. In addition, it plans to apply the practical guidance on accounting for financial instruments from the fiscal year ending March 2027. - FY2023-Q3RestatedAnnual 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 Guidance”) from the beginning of the first quarter and, in accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, decided to apply the new accounting policies prescribed in the guidance prospectively. There was no impact on the quarterly consolidated financial statements.」
The company continues to disclose that it applies the implementation guidance for the accounting standard for fair value measurement from the beginning of the fiscal year and that it has no impact on the financial statements. - FY2023-Q2RestatedAnnual 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 Guidance”) from the beginning of the current interim consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, it applied prospectively the new accounting policies prescribed by the guidance. This had no impact on the interim consolidated financial statements.」
The company applied the implementation guidance for the accounting standard for fair value measurement from the beginning of the current interim consolidated accounting period and disclosed that it had no impact on the financial statements. - FY2023-Q1AdvancedAnnual 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 Guidance”) from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, it applied prospectively the new accounting policies prescribed by the guidance. This had no impact on the quarterly consolidated financial statements.」
The company applied the implementation guidance for the accounting standard for fair value measurement from the beginning of the first quarter of the fiscal year ending March 2023 and disclosed that it had no impact on the 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 company continued to disclose the application of the new accounting standards for revenue recognition and fair value measurement in its annual financial results, stating that the impact on the financial statements was immaterial or nonexistent. - FY2022-Q2AdvancedAnnual report
「In the notes on financial instruments, the Bank began disclosing information on the breakdown of fair values by level and related matters.」
Following the application of the accounting standards for fair value measurement and related standards, the company disclosed notes including details of financial instruments classified from Level 1 to Level 3. - FY2022-Q1AchievedAnnual report
「The Group adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The company applied the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022. It also applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the same fiscal year and disclosed that the application had no impact on the financial statements. - FY2021First statedAnnual report
「Scheduled adoption date: from the beginning of the fiscal year ending March 2022.」
The company disclosed that it planned to apply the Accounting Standard for Revenue Recognition, the Accounting Standard for Fair Value Measurement and other standards from the beginning of the fiscal year ending March 2022, and was assessing the impact.