Preparation for the Adoption of New Accounting Standards on Fair Value, Accounting Estimates, and Accounting Policies
First written in FY2020. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2025Preparing to Adopt the Lease Accounting StandardAnnual report
「The scheduled effective date for the Accounting Standard for Leases and other relevant standards is the beginning of the fiscal year ending March 2028. The amount of the impact of applying the Accounting Standard for Leases and other relevant standards on the consolidated financial statements is currently being assessed.」
The disclosure states that the new lease accounting standards and other related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028, and that the impact on the consolidated financial statements is being assessed. - FY2022-Q1AchievedAnnual report
「The Standards for Fair Value Measurement and other related standards, including the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the Fair Value Measurement Accounting Standard), were applied from the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Accounting Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standard No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other related standards will be applied prospectively. There is no impact from this change.」
The Standards for Fair Value Measurement and other related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the first quarter of the current consolidated fiscal year. There was no impact from the application. - FY2021AdvancedAnnual report
「The Accounting Standard for Disclosure of Accounting Estimates (Accounting Standard No. 31, 31 March 2020) has been applied to the consolidated financial statements for the year-end of the current consolidated fiscal year, and notes on significant accounting estimates are included.」
The Accounting Standard for Disclosure of Accounting Estimates was applied from the end of the current fiscal year, and notes on significant accounting estimates were presented for the first time. - FY2020First statedAnnual report
「The Standards for Fair Value Measurement and other related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact has not yet been determined.」
Separately from the Revenue Recognition Accounting Standard, the disclosure states that the Standards for Fair Value Measurement and other related standards are scheduled to be applied from the fiscal year ending March 2022, while the Accounting Standard for Disclosure of Accounting Estimates and the Accounting Standard for Disclosure of Accounting Policies and other matters are scheduled to be applied from the end of the fiscal year ending March 2021.