Ensuring the Accuracy of Financial Reporting through Compliance with Accounting Standards and the Accumulation of Accounting Knowledge Internally
First written in FY2017. 8 of 15 entries say "Restated". Latest entry: FY2023-Q3.
7 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual 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 by the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
The company has reconfirmed that it applied the implementation guidance for the Fair Value Measurement Accounting Standard from the beginning of the first quarter of the consolidated fiscal year and that there was no impact on the quarterly consolidated financial statements. - FY2023-Q2RestatedAnnual 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 by the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
The company has reconfirmed that it applied the implementation guidance for the Fair Value Measurement Accounting Standard from the beginning of the first quarter of the consolidated fiscal year and that there was 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 by the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
The company actually applied the implementation guidance for the Fair Value Measurement Accounting Standard from the beginning of the first quarter of the consolidated fiscal year. It states that there was no impact on the quarterly consolidated financial statements. - FY2022RestatedAnnual report
「We undertake specific initiatives to ensure the accuracy of our consolidated financial statements and other financial information. Specifically, we are members of the Financial Accounting Standards Foundation and have a policy of assigning qualified certified public accountants to serve as directors, officers or employees, with the aim of establishing a system for properly understanding the substance of accounting standards and other relevant requirements and responding appropriately to changes in those standards and requirements.」
The company continues to understand accounting standards and respond to changes, maintain membership in the Financial Accounting Standards Foundation, assign qualified certified public accountants and accumulate accounting knowledge through participation in training. - FY2022-Q3RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter of the consolidated fiscal year. Revenue is recognised at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, although revenue from air tickets, accommodation and other arrangements had previously been presented on a gross basis, transactions determined to involve the company as an agent are now presented on a net basis.」
The company has reconfirmed that it applied the Revenue Recognition Accounting Standard from the beginning of the first quarter of the consolidated fiscal year and changed the presentation of agent transactions from gross to net. As a result of applying the standard, operating revenue and operating costs for the nine months ended the third quarter decreased by ¥7,344 thousand. - FY2022-Q2AdvancedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter of the consolidated fiscal year. Revenue is recognised at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, although revenue from air tickets, accommodation and other arrangements had previously been presented on a gross basis, transactions determined to involve the company as an agent are now presented on a net basis. The company also applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards from the beginning of the first quarter of the consolidated fiscal year, and will apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards prospectively.」
In addition to the Revenue Recognition Accounting Standard, the company actually applied the Fair Value Measurement Accounting Standard and other standards from the beginning of the first quarter of the consolidated fiscal year. As a result of applying the revenue recognition standard, operating revenue and operating costs for the six months ended the second quarter decreased by ¥2,601 thousand. - FY2022-Q1AdvancedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, although revenue from air tickets, accommodation and other arrangements had previously been presented on a gross basis, transactions determined to involve the company as an agent are now presented on a net basis.」
The company actually applied the previously scheduled Revenue Recognition Accounting Standard from the beginning of the first quarter of the consolidated fiscal year and changed the presentation of revenue from agent transactions from gross to net. As a result of adoption, operating revenue and operating costs decreased by ¥1,033 thousand. - FY2021AdvancedAnnual report
「We applied the Accounting Standard for Disclosure of Accounting Estimates (Accounting Standard No. 31, 31 March 2020) to the consolidated financial statements for the fiscal year-end and included notes on significant accounting estimates.」
Regarding compliance with accounting standards and other requirements, the company actually applied the accounting standard for disclosure of accounting estimates to the consolidated financial statements for FY2021. The revenue recognition standard and other standards are scheduled to be applied from the beginning of the fiscal year ending September 2022. - FY2020RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending September 2022.」
In addition to responding to changes in accounting standards and accumulating accounting knowledge in-house, the company has reconfirmed its plan to apply the revenue recognition standard and other standards from the beginning of the fiscal year ending September 2022. - FY2019RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending September 2022.」
In addition to responding to changes in accounting standards and accumulating accounting knowledge in-house, the company has reconfirmed its plan to apply the revenue recognition standard from the beginning of the fiscal year ending September 2022. - FY2019-Q3RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the beginning of the first quarter of the current fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has reiterated that it applied the partial amendments to the accounting standard for tax-effect accounting from the beginning of the first quarter of the consolidated fiscal year and changed the presentation classification of deferred tax assets and liabilities. - FY2019-Q2RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the beginning of the first quarter of the current fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has reiterated that it applied the partial amendments to the accounting standard for tax-effect accounting from the beginning of the first quarter of the consolidated fiscal year and changed the presentation classification of deferred tax assets and liabilities. - FY2019-Q1AdvancedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting and related standards have been applied from the beginning of the first quarter of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
In response to changes in accounting standards and other requirements, the company applied the partial amendments to the accounting standard for tax-effect accounting from the beginning of the first quarter of the current consolidated fiscal year and changed the presentation classification of deferred tax assets and liabilities. - FY2018Planned adoption of the new revenue recognition standard explicitly statedAnnual report
「Scheduled effective date of the Accounting Standard for Revenue Recognition and other standards: The standards will be applied from the beginning of the fiscal year ending September 2022.」
In addition to understanding accounting standards and responding to changes and accumulating accounting knowledge in-house, the company has explicitly stated that it plans to apply the new revenue recognition standard from the beginning of the fiscal year ending September 2022. The impact of adoption is currently being assessed. - FY2017First statedAnnual report
「We undertake specific initiatives to ensure the accuracy of our consolidated financial statements and other financial information. Specifically, we are members of the Financial Accounting Standards Foundation and have a policy of assigning qualified certified public accountants to serve as directors, officers or employees, with the aim of establishing a system for properly understanding the substance of accounting standards and other relevant requirements and responding appropriately to changes in those standards and requirements. We also seek to participate in training conducted by the Financial Accounting Standards Foundation and the Japanese Institute of Certified Public Accountants, and work to ensure that information issued by both organisations is obtained promptly and that sufficient knowledge is accumulated internally.」
To ensure the accuracy of financial reporting, the company has for the first time explicitly stated its policy of joining the Financial Accounting Standards Foundation, assigning qualified certified public accountants, participating in external training and accumulating accounting information in-house.