Application of the New Revenue Recognition Accounting Standard to the Fiscal Year Ending June 2022
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “revenue recognition accounting standard”) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer.」
The Accounting Standard for Revenue Recognition and related standards continue to be applied from the beginning of the first quarter of the current consolidated fiscal year. The impact on the financial statements of changing the treatment to deduct from revenue the amount equivalent to points awarded in the foodservice business was considered immaterial. - FY2022-Q2RestatedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “revenue recognition accounting standard”) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer.」
The policy of applying the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year continued to be disclosed in the second quarter. The impact on the financial statements was considered immaterial. - FY2022-Q1AchievedAnnual report
「The company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending June 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year. The accounting treatment was changed to deduct the amount equivalent to points awarded in the foodservice business from revenue, but the impact on the financial statements was considered immaterial. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending June 2022 remains in place, and the impact continues to be assessed. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The new accounting standards for revenue recognition and related guidance are scheduled to be applied from the beginning of the fiscal year ending June 2022, and the impact was still being assessed as of the preparation date.