Future adoption of accounting standards not yet applied
First written in FY2018. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 78 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Additional accounting standards not yet applied, including lease accountingAnnual report
「・Accounting Standard for Leases (Accounting Standards Board of Japan Statement No. 34, 13 September 2024) ・Implementation Guidance on Accounting Standard for Leases (Accounting Standards Board of Japan Guidance No. 33, 13 September 2024), etc. Scheduled adoption date Scheduled to be applied from the beginning of the fiscal year ending March 2028.」
The company added the accounting standards for leases and related standards to the accounting standards not yet applied, and indicated that they are scheduled to be applied from the beginning of the fiscal year ending March 2028. - FY2023-Q3RestatedAnnual report
「We adopted the “Implementation Guidance on Accounting Standard for Fair Value Measurement” from the beginning of the first quarter under review and decided to apply the new accounting policy prescribed by the guidance prospectively in accordance with the transitional treatment in paragraph 27-2. This had no impact on the quarterly financial statements.」
The company applied the application guidance on accounting standards for fair value measurement from the beginning of the first-quarter accounting period, and continues to state that it will apply the new accounting policy prospectively and that there is no impact on the financial statements. - FY2022-Q3RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards. Revenue is recognized 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 company continues to recognize revenue in accordance with the accounting standards for revenue recognition applied from the beginning of the first-quarter accounting period. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and other relevant standards from the beginning of the first quarter. Revenue is recognized 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 company applied, from the beginning of the current first-quarter accounting period, the accounting standards for revenue recognition and related standards that had been scheduled for adoption from the beginning of the fiscal year ending March 2022. The application had no impact on profit or loss or retained earnings at the beginning of the period. - FY2019-Q3RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, 16 February 2018), along with other applicable 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, while deferred tax liabilities are presented under non-current liabilities.」
The company has reiterated the application, from the beginning of the first-quarter consolidated accounting period, of the income tax accounting standards and the change in the presentation classification of deferred tax assets and liabilities. - FY2019-Q2RestatedAnnual report
「We have applied the “Partial Amendments to the Accounting Standard for Tax-Effect Accounting” (ASBJ Statement No. 28, dated 16 February 2018) and other relevant standards from the beginning of the first quarter of the current consolidated 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 the application, from the beginning of the first-quarter consolidated accounting period, of the income tax accounting standards and the change in the presentation classification of deferred tax assets and liabilities. - FY2019-Q1Beginning Application of the Accounting Standard for Tax Effect AccountingAnnual report
「We have applied the “Partial Amendments to the Accounting Standard for Tax-Effect Accounting” (ASBJ Statement No. 28, dated 16 February 2018) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company applied, from the beginning of the current first-quarter consolidated accounting period, the standards and related guidance on accounting for income taxes that had been scheduled for future adoption, and changed the presentation classification of deferred tax assets and liabilities. - FY2018First statedAnnual report
「Scheduled adoption date: The standards will be applied from the beginning of the fiscal year ending March 2019. Scheduled adoption date: The standards will be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the application guidance on accounting for income taxes and related standards from the fiscal year ending March 2019, and the accounting standards for revenue recognition and related standards from the fiscal year ending March 2022. The impact on the financial statements is currently being evaluated.