Preparations for the Adoption of New Accounting Standards, Including Revenue Recognition
First written in FY2018. 7 of 14 entries say "Restated". Latest entry: FY2026-H1.
11 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「We have applied the accounting standard for accounting for corporate income taxes, inhabitant taxes and enterprise taxes and related standards from the beginning of the current interim consolidated accounting period.」
The previously planned application of the accounting standard for income taxes began at the start of the current interim consolidated accounting period. The company states that the accounting policy change had no impact on the interim consolidated financial statements. - FY2024-Q3RestatedAnnual report
「The “Implementation Guidance on Accounting Standard for Fair Value Measurement” was applied from the beginning of the first quarter of the current consolidated fiscal year, and the new accounting policies prescribed in the Fair Value Measurement Guidance were applied prospectively. This had no impact on the consolidated financial statements for the third quarter of the current fiscal year.」
Reconfirming the Implementation Guidance on Accounting Standard for Fair Value Measurement applied from the first quarter, and the explanation that it had no impact on the financial statements. - FY2024-Q1AchievedAnnual report
「The “Implementation Guidance on Accounting Standard for Fair Value Measurement” (ASBJ Guidance No. 31, 17 June 2021; hereafter, the “Fair Value Measurement 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 Guidance, the Company decided to apply prospectively the new accounting policies prescribed in the guidance. This had no impact on the consolidated financial statements for the first quarter of the current fiscal year.」
The Fair Value Measurement Guidance was applied from the beginning of the first quarter of the current fiscal year, completing the application of the related accounting standards and other requirements. The Company stated that there was no impact on the financial statements. - FY2023-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 has reconfirmed that the planned revenue recognition accounting standards and related standards have been applied from the first quarter and has explained the accounting treatment of recognizing revenue when control transfers to the customer. - FY2023-Q2RestatedAnnual 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 has reconfirmed the accounting treatment of recognizing revenue when control transfers to the customer and the changes in the presentation of points and consideration paid to member stores under the revenue recognition accounting standards applied from the first quarter. - FY2023-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards from the beginning of the current first quarter of the consolidated fiscal year,」
The previously scheduled revenue recognition accounting standards and related standards were applied from the beginning of the fiscal year ending February 2023. As a result, operating revenue and selling, general and administrative expenses each decreased by ¥822.2 million. - FY2022RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending February 2023.」
The planned application of the revenue recognition accounting standards in Japan from the beginning of the fiscal year ending February 2023 remains unchanged. - FY2020RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending February 2023.」
The planned application of the revenue recognition accounting standards and related standards in Japan from the beginning of the fiscal year ending February 2023 remains unchanged. Overseas, IFRS 16 has already been adopted. - FY2020-Q4RestatedAnnual report
「An overseas consolidated subsidiary has applied IFRS 16, “Leases,” from the beginning of the first quarter of the current consolidated fiscal year. As a result of applying the standard, right-of-use assets (property, plant and equipment) and lease liabilities (other current and non-current liabilities) each increased by ¥6,346 million at the beginning of the first quarter of the current consolidated fiscal year.」
The Company has reconfirmed the application of IFRS 16 by an overseas consolidated subsidiary and the ¥634.6 million increases in right-of-use assets and lease liabilities. - FY2020-Q2AdvancedAnnual report
「An overseas consolidated subsidiary has applied IFRS 16, “Leases,” from the beginning of the first quarter of the current consolidated fiscal year.」
An overseas consolidated subsidiary began applying IFRS 16, “Leases,” from the beginning of the first quarter of the current fiscal year. As a result, right-of-use assets and lease liabilities each increased by ¥634.6 million. - FY2019AdvancedAnnual report
「The following accounting standards have been adopted by overseas consolidated subsidiaries and other entities from the current consolidated fiscal year.」
Overseas consolidated subsidiaries and other entities began applying IFRS 9 and IFRS 15. In Japan, the revenue recognition accounting standards are scheduled to be applied from the beginning of the fiscal year ending February 2023. - FY2019-Q3RestatedAnnual report
「The following accounting standards have been adopted by overseas consolidated subsidiaries and other entities from the current interim consolidated accounting period. In applying these standards, the Company has adopted the permitted transitional method of recognizing the cumulative effect of applying the standards at the date of initial application.」
The Company has reconfirmed the application of IFRS 9 and IFRS 15 by overseas consolidated subsidiaries and other entities, together with the treatment of recognizing the cumulative effect at the date of initial application. - FY2019-Q2AdvancedAnnual report
「The following accounting standards have been adopted by overseas consolidated subsidiaries and other entities from the beginning of the first quarter of the current fiscal year.」
Overseas consolidated subsidiaries and other entities began applying IFRS 9, “Financial Instruments,” and IFRS 15, “Revenue from Contracts with Customers.” The planned adoption in Japan of the new accounting standards and the planned adoption of IFRS 16 remain pending. - FY2018First statedAnnual report
「Scheduled application date for the Accounting Standard for Revenue Recognition and related standards: application from the beginning of the fiscal year ending March 2022.」
In Japan, the accounting standards for revenue recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. Overseas consolidated subsidiaries are scheduled to apply IFRS 9 and IFRS 15 from the fiscal year ending March 2019 and IFRS 16 from the fiscal year ending March 2020.