Application of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2019. 5 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「As a result, we changed the method of accounting for part of the consideration paid to customers, including rebates, which had previously been recorded in selling, general and administrative expenses and other accounts, by deducting it from sales.」
The continuing disclosure on the Revenue Recognition Accounting Standard applied from the beginning of the fiscal year ending March 2022 covers the deduction of rebates and net recognition of transactions as an agent. - FY2022-Q3RestatedAnnual report
「As a result, sales, cost of sales, and selling, general and administrative expenses for the nine months ended 31 December of the current consolidated fiscal year decreased by ¥835 million, ¥150 million, and ¥684 million, respectively, but there was no impact on operating income, ordinary income, or profit before income taxes for the quarter.」
For the Revenue Recognition Accounting Standard applied from the first quarter, the impact on sales and other items for the cumulative period was disclosed, reconfirming that there was no impact on operating income or other profit figures. - FY2022-Q2RestatedAnnual report
「The revenue recognition accounting standard and related standards were applied from the beginning of the first quarter, and revenue is recognized when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The continuing disclosure on the Revenue Recognition Accounting Standard, applied from the first quarter, covers recognition when control transfers to customers, the deduction of rebates, and net recognition of transactions as an agent. - FY2022-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year.」
The Revenue Recognition Accounting Standard, which was scheduled to be applied from the beginning of the fiscal year ending March 2022, was actually applied from the beginning of the first quarter of the current fiscal year. Accounting treatments were also changed, including deducting rebates and other items from sales and recognising transactions as an agent on a net basis. - FY2021RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The scheduled application of the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022 continues to be disclosed. - FY2020RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The scheduled application of the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022 continues to be disclosed. - FY2019First statedAnnual report
「Scheduled effective date: To be applied from the beginning of the fiscal year ending March 2022.」
The accounting standard for revenue recognition and its implementation guidance were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact on the financial statements was still being assessed.