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Orix (8591) · InitiativeAchieved

Preparation for Applying the Revenue Recognition Accounting Standard under Japanese GAAP

First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2022.

4entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2019AdvancedFY2021 – FY20222018: 120182019: 120192020: 020202021: 120212022: 12022
Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 44 companies write about · 0 as a headwind · 0 as a tailwind

23 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  1. FY2022AchievedAnnual report

    「From the 59th fiscal year, the company has applied Accounting Standard No. 29, Revenue Recognition, and other relevant standards.」

    The company disclosed that it applied the Japanese GAAP revenue recognition standard from the beginning of the fiscal year starting on or after 1 April 2021, with no material impact on the financial statements for the current period.
  2. FY2021AdvancedAnnual report

    「It will be applied from the beginning of the fiscal year starting on or after 1 April 2021.」

    For the Japanese GAAP revenue recognition standard, the policy remains to apply it from the beginning of the fiscal year starting on or after 1 April 2021, with the impact of its application currently under evaluation.
  3. FY2019RestatedAnnual report

    「The standard is scheduled to be applied from the beginning of fiscal years commencing on or after 1 April 2021.」

    For the Japanese GAAP revenue recognition standard, the policy remains to apply it from the beginning of the fiscal year starting on or after 1 April 2021, with the impact currently under evaluation.
  4. FY2018First statedAnnual report

    「(2) Scheduled effective date The standard is scheduled to be applied from the beginning of fiscal years commencing on or after 1 April 2021. (3) Impact of applying the accounting standard and related guidance The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and related guidance is currently being assessed.」

    For the filing company’s financial statements prepared under Japanese GAAP, the revenue recognition accounting standard is scheduled to be applied from the beginning of fiscal years commencing on or after 1 April 2021, and its impact is currently being assessed.
Moved together

"New Domestic and Overseas Investments in Priority Areas" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222222★123456
  1. ★This thread
  2. 1New Domestic and Overseas Investments in Priority Areas2×
  3. 2Balancing Growth Investment with Stable, Consistent Dividends2×
  4. 3Enhancing risk management to identify good risks2×
  5. 4Embedding Sustainability Policies and Sustainable Investment and Financing2×
  6. 5Diversification and Extension of Funding Methods and Securing Liquidity2×
  7. 6Securitization of Financial Assets and Consolidation Management Using VIEs and SPEs2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Preparation for Applying the Revenue Recognition Accounting Standard under Japanese GAAP | ORIX CORPORATION (8591) | Komori