Application of IFRS 15 and IFRS 9 and changes in accounting policies for revenue and financial instruments
First written in FY2019-Q3. 1 of 3 entries say "Achieved", first in FY2019. Latest entry: FY2020.
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- FY2020RestatedAnnual report
「The consolidated financial statements of our group have been prepared in accordance with IFRS pursuant to Article 93 of the Regulation on Terminology, Forms and Preparation Methods of Consolidated Financial Statements.」
IFRS-based accounting policies and disclosures, including IFRS 15 and IFRS 9, continue to be applied. - FY2019AchievedAnnual report
「Our group has applied IFRS 15, “Revenue from Contracts with Customers,” and IFRS 9, “Financial Instruments,” since the year ended 31 March 2019 and has changed its accounting policies as described below.」
The application of IFRS 15 and IFRS 9 described in the Q3 report was reflected in the full-year consolidated financial statements, completing changes to the classification of revenue and financial assets, among other items. - FY2019-Q3First statedAnnual report
「Our group has applied IFRS 15, “Revenue from Contracts with Customers,” and IFRS 9, “Financial Instruments,” since the three-month period ended 30 June 2018 and has changed its accounting policies as described below.」
IFRS 15 was applied using the full retrospective approach, with contract acquisition costs such as sales commissions being amortised primarily over 2 to 3 years. Under IFRS 9, the classification and measurement policies for financial assets were changed.