Komori
Lib Work (1431) · InitiativeAchieved

Adoption of the Accounting Standard for Revenue Recognition

First written in FY2018. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q1.

3entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY20182018: 120182019: 020192020: 020202021: 22021
Same theme, other companies
対応 to the 2022 Adoption of the Revenue Recognition Accounting StandardA theme 618 companies write about · 16 as a headwind · 1 as a tailwind

42 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 618 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1AchievedAnnual report

    「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 26 March 2021) were applied from the beginning of the first quarter of the consolidated fiscal year under review. 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 on revenue recognition, which had been scheduled for adoption from the beginning of the fiscal year ending June 2022, was actually adopted from the beginning of the first quarter of the current consolidated fiscal year. There was no impact on beginning retained earnings or profit or loss for the quarter.
  2. FY2021AdvancedAnnual report

    「The standard will be applied from the beginning of the fiscal year ending June 2022.」

    The scheduled adoption date for the accounting standard on revenue recognition was specified as the beginning of the fiscal year ending June 2022. The impact continues to be assessed.
  3. FY2018First statedAnnual report

    「The scheduled adoption date for the “Accounting Standard for Revenue Recognition” and other standards is the beginning of the fiscal year ending June 2022. The impact of applying these accounting standards on the financial statements is currently being assessed.」

    The company scheduled adoption of the new accounting standard on revenue recognition from the beginning of the fiscal year ending June 2022 and stated for the first time that it was assessing the impact on the financial statements.
Moved together

"Agile Customer Acquisition Without Relying on Permanent Showrooms" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Agile Customer Acquisition Without Relying on Permanent Showrooms2×
  3. 2Expanding Customer Touchpoints Through Online Showrooms2×
  4. 3Expansion of Sales Locations in Kumamoto, Fukuoka and Saga and a Dominant-Region Strategy2×
  5. 4Expanding the Business From Regional Markets Nationwide2×
  6. 5Co-Developing New Products With Public Figures2×
  7. 6Transformation Into a Detached-Housing Platform and High-Growth Plan Under "NEXT STAGE 2023"2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Lib Work yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Adoption of the Accounting Standard for Revenue Recognition | Lib Work Co.,Ltd. (1431) | Komori