Adoption of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
13 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and other relevant standards have been applied from the beginning of the eleventh fiscal period. Accordingly, the key management indicators and other figures for the eleventh fiscal period reflect application of these accounting standards and other relevant standards.」
The company continues to apply in its full-year financial statements the accounting standards for revenue recognition and other relevant standards that were applied from the beginning of the eleventh fiscal period. - FY2022-Q3RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied from the beginning of the first quarter accounting period. 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 company continues to apply in the third quarter the accounting standards for revenue recognition and other relevant standards that were applied from the beginning of the first quarter accounting period. - FY2022-Q2RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied from the beginning of the first quarter accounting period. 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 company continues to apply the accounting standards for revenue recognition and other relevant standards, which were applied from the beginning of the first quarter accounting period, in the second quarter. - FY2022-Q1First statedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The Company adopted the revenue recognition standards from the beginning of the first quarter and changed its accounting policy to recognize revenue over time as performance obligations under construction contracts are satisfied.