Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023-Q3.
25 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「There have been no material changes to the issues to be addressed by our Group during the nine-month period ended 31 December.」
There is no disclosure indicating any new change in the policy for applying the revenue recognition accounting standards. - FY2022-Q3RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current fiscal year and recognize revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The company continues to apply the revenue recognition accounting standards, recognizing revenue from construction contracts over time according to the satisfaction of performance obligations and recognizing revenue from certain agency transactions in the real estate business on a net basis. - FY2022-Q2RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current fiscal year and recognize revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The company continues to apply the revenue recognition accounting standards. Construction contracts are recognized over time according to the satisfaction of performance obligations, while certain agency transactions in the real estate business are recognized on a net basis. The company states that the impact is immaterial or nonexistent. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 transfers to the customer.」
The company applied the revenue recognition accounting standards and other relevant standards from the beginning of the current first-quarter consolidated accounting period. Construction contracts are recognized over time according to the satisfaction of performance obligations, while certain agency transactions in the real estate business are recognized on a net basis. The company states that the impact on the financial statements is immaterial or nonexistent.