Planned Adoption of New Accounting Standards and Impact Assessment
First written in FY2017-Q1. 16 of 24 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026-H1.
2 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Nomura adopted the change from 1 April 2025 using the modified retrospective method. The adoption had no material effect.」
Adopted ASU 2023-08, Crypto Assets, from 1 April 2025. Also indicated the scheduled adoption dates and disclosure impacts of ASU 2023-09, ASU 2024-03 and ASU 2025-01. - FY2025-H1AdvancedAnnual report
「Nomura adopted the change prospectively from 1 April 2024. The adoption had no material effect.」
Adopted ASU 2022-03, Fair Value Measurement, from 1 April 2024 and changed the treatment of contractual restrictions on the sale of equity securities. There was no material effect on the consolidated financial statements. - FY2024-Q3AdvancedAnnual report
「The following table shows the new accounting standards scheduled for adoption by Nomura from 1 January 2024 onward, their scheduled adoption dates, and the provisions that may have a material effect on the consolidated financial statements.」
Disclosed plans to adopt ASU 2022-03 from 1 April 2024, ASU 2023-07 from 31 March 2025, and ASU 2023-08 and ASU 2023-09 from 1 April 2025. None is expected to have a material effect on the financial statements. - FY2024-Q1AdvancedAnnual report
「The following table summarizes the new accounting standards adopted by Nomura beginning with the first quarter of fiscal 2023, which ended on 30 June 2023.」
Adopted ASU 2022-02 prospectively from 1 April 2023 and implemented changes to the standards for troubled debt restructurings and vintage disclosures. There was no material effect on the consolidated financial statements. - FY2023-Q3RestatedAnnual report
「No new accounting standards relevant to Nomura were adopted during the third quarter of fiscal 2022, which ended on 31 December 2022.」
No new accounting standards were adopted during the quarter, and the conclusion remains that ASU 2022-02 is scheduled for adoption from 1 April 2023 and ASU 2022-03 from 1 April 2024. - FY2023-Q2RestatedAnnual report
「No new accounting standards relevant to Nomura were adopted during the second quarter of fiscal 2022, which ended on 30 September 2022.」
No new accounting standards were adopted during the quarter, and the conclusion remains that ASU 2022-02 is scheduled for adoption from 1 April 2023 and ASU 2022-03 from 1 April 2024. - FY2023-Q1AdvancedAnnual report
「The following table shows the new accounting standards scheduled for adoption by Nomura from 1 July 2022 onward, their scheduled adoption dates, and the provisions that may have a material effect on the consolidated financial statements.」
Disclosed plans to adopt ASU 2022-02 from 1 April 2023 and ASU 2022-03 from 1 April 2024, addressing new disclosure and fair value measurement standards. Neither is expected to have a material effect on the financial statements. - FY2022-Q3AdvancedAnnual report
「Nomura switched reference rates during the third quarter and elected to apply practical expedients to contract modifications. The switch in reference rates had no material effect on the consolidated financial statements.」
For reference rate reform, switched the reference rates and applied the practical expedients under ASU 2020-04. - FY2022-Q2RestatedAnnual report
「Nomura has no new accounting standards scheduled for adoption from fiscal 2022 onward that may have a material effect on its consolidated financial statements.」
Continues to conclude that there are no new accounting standards expected to have a material impact. - FY2022-Q1RestatedAnnual report
「Nomura has no new accounting standards scheduled for adoption from fiscal 2022 onward that may have a material effect on its consolidated financial statements.」
Continues to conclude that there are no new accounting standards expected to have a material impact. - FY2021-Q3RestatedAnnual report
「Nomura has no new accounting standards scheduled for adoption from fiscal 2021 onward that may have a material effect on its consolidated financial statements.」
Stated that, following adoption of CECL and other standards, there are no new standards expected to have a material impact from fiscal 2021 onward, while some practical expedients related to reference rate reform are planned for future adoption. - FY2021-Q2AdvancedAnnual report
「The practical expedients and exceptions provided by this ASU may be applied through 31 December 2022. Nomura plans to apply some of the practical expedients related to contract modifications and hedge accounting during the transition period for reference rates, but does not expect a material impact in future reporting periods.」
Added ASU 2020-04, Reference Rate Reform, as a new applicable standard, and indicated that practical expedients would be available through 31 December 2022, with some planned application to contract modifications and hedge accounting. - FY2021-Q1AdvancedAnnual report
「The following table summarizes the new accounting standards adopted by Nomura beginning with the first quarter of fiscal 2020, which ended on 30 June 2020.」
Adopted ASU 2016-13, Financial Instruments—Credit Losses, from 1 April 2020 and recognized an allowance for doubtful accounts of ¥1,972 million and other liabilities of ¥638 million, among other items. Also adopted ASU 2019-12 and ASU 2017-04, and stated that there are no new standards scheduled for adoption from fiscal 2021 onward that are expected to have a material impact. - FY2020-Q3AdvancedAnnual report
「To be adopted from 1 April 2020 using the modified retrospective method. An increase in the allowance for expected credit losses will affect the amount of shareholders' equity on the adoption date and profit or loss in subsequent reporting periods. Preparation for adoption is currently nearing completion, but no material effect on the consolidated financial statements is expected.」
In preparation for adoption of ASU 2016-13 on 1 April 2020, preparations for adopting the expected credit losses standard had reached the final stage, and no material effect on the financial statements was expected. - FY2020-Q2AdvancedAnnual report
「An operating committee comprising members from multiple departments was established to oversee adoption of this ASU. Nomura has nearly completed development of its expected credit loss model and is currently testing, validating and modifying the model and its inputs.」
For the credit losses standard scheduled for adoption on 1 April 2020, established an operating committee and nearly completed development of the expected credit loss model. Proceeded to testing, validation and modification of the model and its inputs, and preparation of disclosures and accounting policies. - FY2020-Q1AdvancedAnnual report
「Recognizing operating leases on the consolidated balance sheet increased other assets—buildings, land, furniture and fixtures, and equipment—by ¥169,277 million and other liabilities by ¥163,685 million as of 1 April 2019. Retained earnings as of 1 April 2019 increased by ¥5,592 million, primarily due to changes in the classification of certain leases.」
Adopted ASU 2016-02, Leases, from 1 April 2019 using the modified retrospective method, recognizing right-of-use assets, lease liabilities and other items. Impact assessment of the credit losses standard scheduled for adoption on 1 April 2020 remains ongoing, with an effect on profit or loss expected from recognition of an allowance. - FY2019-Q3AdvancedAnnual report
「The following table summarizes the new accounting standards adopted beginning with the third quarter of fiscal 2018, which ended on 31 December 2018.」
Early adopted ASU 2018-13 from 1 October 2018 and eliminated certain fair value measurement disclosures. There was no material financial impact. - FY2019-Q1AdvancedAnnual report
「The following table summarizes the new accounting standards adopted by Nomura beginning with the first quarter of fiscal 2018, which ended on 30 June 2018.」
Adopted ASU 2014-09, ASU 2016-15, ASU 2016-18 and ASU 2017-07 from 1 April 2018. Retained earnings increased by ¥1.564 billion as a result of the revenue recognition standard, and certain fees and other items were changed from gross to net presentation. - FY2018-Q3AdvancedAnnual report
「The following table summarizes the new accounting standards adopted by Nomura beginning with the third quarter of fiscal 2017, which ended on 31 December 2017.」
Adopted SEC Staff Accounting Bulletin No. 118 upon its enactment on 22 December 2017 and recognized a ¥2.8 billion reduction in deferred tax liabilities and tax expense associated with U.S. tax reform. Impact analysis of ASU 2014-09 and other standards scheduled for adoption from April 2018 onward remains ongoing. - FY2018-Q2AdvancedAnnual report
「Based on its analysis to date of ASU 2014-09 and related guidance, Nomura expects the following effects on its consolidated financial statements: delayed recognition of certain financial advisory fees currently recognized as revenue and earlier recognition of certain asset management distribution fees; changes in the timing of expense recognition for contract acquisition and fulfillment costs that are required to be capitalized under the new guidance; and changes in the presentation of the consolidated income statement, with revenue and related expenses from certain transaction execution activities presented on a net rather than gross basis as a result of the revised principal-versus-agent guidance.」
Organized the expected specific effects of the revenue recognition standard scheduled for adoption on 1 April 2018 on the timing of revenue and expense recognition and presentation. The analysis was not complete, and while additional effects remained possible, no material effect on the consolidated financial statements was expected. - FY2018-Q1AdvancedAnnual report
「The following table summarizes the new accounting standards adopted by Nomura beginning with the first quarter of fiscal 2017, which ended on 30 June 2017.」
Adopted ASUs 2016-05, 2016-07, 2016-09, 2016-17 and 2017-09, none of which had a material effect on the consolidated financial statements. The impact analysis of revenue recognition and other standards scheduled for adoption from April 2018 onward remains ongoing. - FY2017-Q3RestatedAnnual report
「The following table summarizes the new accounting standards that Nomura plans to adopt in the future and that may have a material effect on its consolidated financial statements.」
Continues to disclose that it is assessing the potential impact of revenue recognition, leases, credit loss measurement for financial instruments and other standards scheduled for adoption from 2017 through 2020. - FY2017-Q2RestatedAnnual report
「The following table summarizes the new accounting standards that Nomura plans to adopt in the future and that may have a material effect on its consolidated financial statements.」
Continues to disclose that it is assessing the impact of standards scheduled for adoption from 2017 through 2020, including revenue recognition, leases and credit loss measurement for financial instruments. - FY2017-Q1First statedAnnual report
「The following table summarizes the new accounting standards that Nomura plans to adopt in the future and that may have a material effect on its consolidated financial statements.」
Listed revenue recognition, leases, credit loss measurement and other standards scheduled for adoption from 2017 through 2020, and stated that their potential impacts were under review.