Adoption of the revenue recognition standard from the fiscal year ending January 2023
First written in FY2019. 4 of 7 entries say "Restated". Latest entry: FY2025.
123 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「For performance obligations satisfied over a period of time, the company estimates the progress toward satisfying the performance obligation, except for construction projects with very short durations, and recognizes revenue based on that progress.」
The company continued applying the accounting treatment following adoption of the revenue recognition standard, and revenue from completed construction work recognized over a period of time amounted to ¥4,230.104 million. - FY2023-Q3RestatedAnnual report
「As a result, net sales for the nine months ended the current third quarter increased by ¥79.258 million, cost of sales increased by ¥114.999 million, and operating income, ordinary income and profit before income taxes decreased by ¥35.74 million. The opening balance of retained earnings also increased by ¥44.264 million.」
The company continued applying the accounting standard and other guidance on revenue recognition from the beginning of the first quarter consolidated accounting period and updated its disclosure of the impact on net sales, cost of sales, profit and retained earnings for the nine-month cumulative period. - FY2023-Q2RestatedAnnual report
「As a result, net sales for the six months ended the current second quarter decreased by ¥36.464 million, cost of sales increased by ¥3.698 million, and operating income, ordinary income and profit before income taxes decreased by ¥40.162 million. The opening balance of retained earnings also increased by ¥44.264 million.」
The company continued applying the accounting standard and other guidance on revenue recognition from the beginning of the first quarter consolidated accounting period and disclosed the impact on net sales and profit for the six-month cumulative period of the current fiscal year. - FY2023-Q1AchievedAnnual report
「The company has applied the accounting standard and other guidance on revenue recognition from the beginning of the current first quarter consolidated accounting period. Revenue is recognized at the point 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 company actually applied the accounting standard and other guidance on revenue recognition from the beginning of the current first quarter consolidated accounting period, as previously planned for the fiscal year ending January 2023. As a result, net sales for the quarter decreased by ¥50.791 million, operating income and other income figures decreased by ¥44.444 million, and the opening balance of retained earnings increased by ¥44.264 million. - FY2022AdvancedAnnual report
「As a result of applying the accounting standard and other guidance on revenue recognition, the cumulative impact will be reflected in net assets at the beginning of the following consolidated fiscal year, and the opening balance of retained earnings is expected to increase by ¥34.716 million.」
The company continued with its plan to apply the standard from the beginning of the fiscal year ending January 2023, estimating that application would increase the opening balance of retained earnings by ¥34.716 million. - FY2020RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending January 2023.」
The company reiterated its plan to apply the accounting standards and other guidance on revenue recognition from the beginning of the fiscal year ending January 2023. - FY2019First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending January 2023.」
The company plans to apply the accounting standard and implementation guidance on revenue recognition from the beginning of the fiscal year ending January 2023, and stated that the impact on the consolidated financial statements is currently being assessed.