Preparing for the adoption of new revenue-recognition and fair-value measurement standards
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
44 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2028.」
The company disclosed plans to apply the new lease accounting standards and standards on subsequent events and related matters from the beginning of the fiscal year ending March 2028. - FY2022-Q3RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter, and now recognize revenue at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The Accounting Standard for Revenue Recognition, applied from FY2022-Q1, continues to be applied in the current quarter. The company stated that the impact on the financial statements for the cumulative third quarter was immaterial, including accounting treatment for contract modifications and satisfaction of performance obligations. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year and began recognizing revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The Accounting Standard for Revenue Recognition, which had been scheduled for application in the previous fiscal year, was applied from the beginning of the current quarter. The accounting standards for fair value measurement and related matters were also applied from the beginning of the quarter. - FY2021AdvancedAnnual report
「We applied the Accounting Standard for Disclosure of Accounting Estimates to the consolidated financial statements for the fiscal year-end and included notes on significant accounting estimates.」
The Accounting Standard for Disclosure of Accounting Estimates, which was scheduled for application in the previous fiscal year, was applied from the end of the current fiscal year. The revenue recognition and fair value measurement standards remain scheduled for application from the beginning of the fiscal year ending March 2022. - FY2020First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The Accounting Standard for Disclosure of Accounting Estimates and the Accounting Standard for Disclosure of Accounting Policies, Accounting Changes and Errors will be applied from the end of the fiscal year ending March 2021.」
The company indicated plans to apply new standards on revenue recognition, fair value measurement, accounting estimates and accounting policy disclosures from the end of the fiscal year ending March 2021 or the beginning of the fiscal year ending March 2022.