Adoption of New Accounting Standards for Revenue Recognition and Fair Value Measurement
First written in FY2022-Q1. 4 of 7 entries say "Restated". Latest entry: FY2026.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Scheduled adoption date for the Accounting Standard for Leases and related standards: We will adopt them from the beginning of the fiscal year ending March 2028.」
It was newly disclosed that the accounting standard for leases and the accounting standard for subsequent events are scheduled to be applied from the beginning of the fiscal year ending March 2028. The impact of the lease standard on the consolidated financial statements is still being assessed. - FY2023-Q3RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter 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 new accounting policy prescribed by the guidance was applied prospectively. There is no impact on the quarterly consolidated financial statements.」
The Implementation Guidance on the Fair Value Measurement Standard continues to be applied, and it was disclosed that it had no impact on the quarterly consolidated financial statements. - FY2023-Q2RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter 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 new accounting policy prescribed by the guidance was applied prospectively. There is no impact on the quarterly consolidated financial statements.」
The Implementation Guidance on the Fair Value Measurement Standard applied from the beginning of the first quarter of the current consolidated fiscal year continues to be applied, and it was disclosed that it had no impact on the quarterly consolidated 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 consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the company will apply the new accounting policies prescribed in the guidance prospectively. There is no impact on the quarterly consolidated financial statements.」
The Implementation Guidance on the Fair Value Measurement Standard was applied from the beginning of the first quarter of the current consolidated fiscal year, and the transition to the new accounting policies proceeded. It was disclosed that there was no impact on the financial statements. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, 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 (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and other standards will be applied prospectively. This has no impact on the quarterly consolidated financial statements.」
The Fair Value Measurement Standard and other standards applied from the beginning of the first quarter of the current consolidated fiscal year continue to be applied, and it was disclosed that they had no impact on the financial statements for the third quarter of the current fiscal year. - FY2022-Q2RestatedAnnual report
「We applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first-quarter consolidated accounting period and, in accordance with the transitional treatment set out in Paragraph 19 of the standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments, applied the new accounting policies prescribed by the standards prospectively. This had no impact on the quarterly consolidated financial statements.」
The Fair Value Measurement Standard and other standards applied from the beginning of the first quarter of the current consolidated fiscal year continue to be applied, and it was disclosed that they had no impact on the quarterly consolidated financial statements. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement 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 (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other standards were also 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 (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and other standards will be applied prospectively.」
The revenue recognition standard and the fair value measurement standard, among others, were applied from the beginning of the first quarter of the current consolidated fiscal year. The methods of presentation and recognition for commissions received and selling, general and administrative expenses were also changed in connection with the change in revenue recognition.