Provisions / Allowances

  IFRS Japanese GAAP US GAAP
  Threshold for recognition of provision is possible, defined as more likely than not. Threshold of recognition of provision is not defined as a percentage.
However, in practice, there is no significant difference between Japanese GAAP and IFRS/US GAAP.
Threshold for recognition of provision is probable, interpreted as a higher threshold than "more likely than not under IFRS".
Provisions
 
  A corporation is required to recognize short-term employee benefits, including paid annual leaves when employees has rendered service in exchange for those benefits. There is no specific guidance for recognition of allowance for unused vacation days. Similar to IFRS, an entity is required to accrue a libility for employees's rights to receive compensation for future absences when certain conditions are met.
Accrued vacation