Application of Revenue Recognition and Fair Value Measurement Accounting Standards
First written in FY2022-Q1. 4 of 8 entries say "Restated". Latest entry: FY2024.
126 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers (Unit: millions of yen) Category Fiscal year ended 31 March 2023 (1 April 2022 to 31 March 2023) Fiscal year ended 31 March 2024 (1 April 2023 to 31 March 2024) Ordinary revenue 65,614 70,215 Of which: fees and commissions 12,720 13,529」
The disclosure of disaggregated revenue following application of the Accounting Standard for Revenue Recognition continued. Ordinary revenue increased from ¥65,614 million to ¥70,215 million, while fees and commissions increased from ¥12,720 million to ¥13,529 million. - FY2024-Q3RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers (Unit: millions of yen) Category Nine months ended 31 December 2022 (1 April 2022 to 31 December 2022) Nine months ended 31 December 2023 (1 April 2023 to 31 December 2023) Ordinary revenue 50,577 54,827 Of which: fees and commissions 9,211 9,917」
The disclosure of disaggregated revenue following application of the Accounting Standard for Revenue Recognition has continued. Ordinary revenue increased from ¥50,577 million in the previous corresponding period to ¥54,827 million, while fees and commissions increased from ¥9,211 million to ¥9,917 million. - FY2024-Q1RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers (Unit: millions of yen) Category Nine months ended 30 June 2022 (1 April 2022 to 30 June 2022) Three months ended 30 June 2023 (1 April 2023 to 30 June 2023) Ordinary revenue 18,451 19,781 Of which: fees and commissions 2,943 3,114」
The disclosure of disaggregated revenue following application of the Accounting Standard for Revenue Recognition has continued. Comparative figures for the previous corresponding period were disclosed for ordinary revenue and fees and commissions. - FY2023-Q3RestatedAnnual report
「The Fair Value Measurement Implementation Guidance was applied from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed by the guidance are being applied prospectively. This has had no impact on the quarterly consolidated financial statements.」
The accounting treatment was reconfirmed that the Fair Value Measurement Implementation Guidance was applied from the beginning of the first quarter of the consolidated fiscal year and had no impact. - FY2023-Q1AdvancedAnnual report
「The “Implementation Guidance on Accounting Standard for Fair Value Measurement” (Implementation Guidance No. 31, 17 June 2021; 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 prescribed in Paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed by the Fair Value Measurement Implementation Guidance are being applied prospectively.」
Following application of the Fair Value Measurement Standard, the revised Fair Value Measurement Implementation Guidance was applied from the beginning of the first quarter of fiscal 2022. The new accounting policies are being applied prospectively. - FY2022-Q3AdvancedAnnual report
「Disaggregated information on revenue arising from contracts with customers (Unit: millions of yen) Category Nine months ended 31 December 2021 (1 April 2021 to 31 December 2021) Ordinary revenue 49,744 Of which: fees and commissions 10,250 Deposits and lending 3,449 Foreign exchange 1,626 Securities-related services 2,244 Agency services 867 Safekeeping and safe-deposit box services 597 Guarantees 31 Other 1,433」
Following application of the Accounting Standard for Revenue Recognition, revenue arising from contracts with customers was disclosed on a disaggregated basis by type of fee and commission business. The disclosure now includes specific post-application figures, including ordinary revenue of ¥49,744 million and fees and commissions of ¥10,250 million. - 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 application of the Fair Value Measurement Standard, the actual disclosures included fair value breakdowns by Level 1, Level 2 and Level 3, as well as valuation processes and other information. - FY2022-Q1First statedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is now recognised 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; the “Fair Value Measurement Standard”) and other standards were applied 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 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 Standard and other standards are being applied prospectively.」
The Accounting Standard for Revenue Recognition, the Fair Value Measurement Standard and other standards were applied from the beginning of the first quarter of fiscal 2021. The impact of both standards on the quarterly consolidated financial statements was immaterial, and the application of the Accounting Standard for Revenue Recognition had no impact on retained earnings at the beginning of the period.