Adoption of the Revenue Recognition Standard and Changes to Construction Revenue Recognition
First written in FY2022-Q1. 5 of 6 entries say "Restated". Latest entry: 2026-09-07.
13 other companies' latest entry also says "Restated".
- 2026-09-07RestatedGeneral Meetings of Shareholders
「Revenue from the construction business is recognized over time based on a reasonable measure of progress toward complete satisfaction of the performance obligation, because the performance obligation is satisfied as construction progresses at each site.」
Revenue recognition over time based on the progress of construction continued following the application of the revenue recognition accounting standard. - FY2025RestatedAnnual report
「Revenue from the construction business is recognized over time based on a reasonable measure of progress toward complete satisfaction of the performance obligation, because the performance obligation is satisfied as construction progresses at each site.」
Revenue recognition based on construction progress has continued following the application of the revenue recognition accounting standard. - FY2023-Q2RestatedAnnual report
「For construction contracts, the Company previously applied the completed-contract method. From the beginning of the consolidated accounting period of the first quarter, however, for performance obligations satisfied over a certain period, the Company has changed to a method of recognizing revenue based on the progress toward satisfaction of the performance obligations, estimated in accordance with that progress.」
The application of the revenue recognition accounting standard and revenue recognition based on progress for construction contracts satisfied over a certain period have continued. - FY2022-Q3RestatedAnnual report
「For construction contracts, the Company previously applied the completed-contract method. From the beginning of the consolidated accounting period of the first quarter, however, for performance obligations satisfied over a certain period, the Company has changed to a method of recognizing revenue based on the progress toward satisfaction of the performance obligations, estimated in accordance with that progress.」
The application of the revenue recognition accounting standard and revenue recognition based on progress for construction contracts satisfied over a certain period have continued. - FY2022-Q2RestatedAnnual report
「For construction contracts, the Company previously applied the completed-contract method. From the beginning of the consolidated accounting period of the first quarter, however, for performance obligations satisfied over a certain period, the Company has changed to a method of recognizing revenue based on the progress toward satisfaction of the performance obligations, estimated in accordance with that progress.」
The application of the revenue recognition accounting standard and revenue recognition based on progress for construction contracts satisfied over a certain period have continued. - FY2022-Q1First statedAnnual report
「For construction contracts, the Company previously applied the completed-contract method. From the beginning of the accounting period of the first quarter, however, for performance obligations satisfied over a certain period, the Company has changed to a method of recognizing revenue based on the progress toward satisfaction of the performance obligations, estimated in accordance with that progress.」
From the beginning of the accounting period of the first quarter, the Company applied the revenue recognition accounting standards and changed to recognizing revenue based on the progress of construction contracts satisfied over a certain period. The impact of the change on profit or loss and retained earnings at the beginning of the period is stated to be immaterial.