Preparation for the Adoption of IFRS 17, Insurance Contracts
First written in FY2020-Q2. 3 of 7 entries say "Restated". Latest entry: FY2024-Q1.
0 other companies' latest entry also says "Achieved".
- FY2024-Q1AchievedAnnual report
「The KDDI Group has applied IFRS 17, “Insurance Contracts,” from the beginning of the current first-quarter consolidated accounting period.」
IFRS 17, which had been scheduled for adoption from the fiscal year ending March 2024, was adopted from the beginning of the current first-quarter consolidated accounting period. - FY2023AdvancedAnnual report
「We will reflect this standard in the consolidated financial statements for the application period indicated above. Its adoption will have no material impact on the KDDI Group's consolidated financial statements.」
The planned adoption of IFRS 17 from the fiscal year ending March 2024 was maintained, with the outlook indicating no material impact on the consolidated financial statements from its adoption. - FY2022-Q1RestatedAnnual report
「IFRS 17 Insurance Contracts 1 January 2023 Fiscal year ending March 2024」
The planned adoption period for IFRS 17 continues to be disclosed as the fiscal year ending March 2024. - FY2021-Q3RestatedAnnual report
「IFRS 17 Insurance Contracts 1 January 2023 Fiscal year ending March 2024」
The KDDI Group continues to disclose the fiscal year ending March 2024 as the planned adoption period for IFRS 17. - FY2021-Q1SoftenedAnnual report
「IFRS 17 Insurance Contracts 1 January 2023 Fiscal year ending March 2024」
The planned adoption period for IFRS 17 by the KDDI Group was stated as the fiscal year ending March 2024, a delay from the previously disclosed fiscal year ending March 2022. - FY2020-Q3RestatedAnnual report
「IFRS 17 will replace IFRS 4, which currently permits diverse accounting practices, and will change the accounting treatment for all entities that issue insurance contracts and investment contracts with discretionary participation features.」
IFRS 17 was scheduled for adoption from the fiscal year ending March 2022, and preparations for changes to the accounting treatment of insurance contracts and other items are continuing. - FY2020-Q2First statedAnnual report
「IFRS 17, Insurance Contracts Fiscal year ending March 2022 We will reflect this standard in the condensed quarterly consolidated financial statements for the application period indicated above. The impact of its application on the KDDI Group's condensed quarterly consolidated financial statements is under consideration and cannot be estimated at this time.」
For IFRS 17, the planned adoption from the fiscal year ending March 2022 was disclosed for the first time, while the impact of adoption on the financial statements remained under consideration and could not be estimated at that time.