Planned Application of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2020. 2 of 6 entries say "Restated". Latest entry: FY2023-Q2.
85 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「To reflect the impact of applying the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the previous consolidated fiscal year, ¥145 million was deducted from the construction work carried forward from the previous fiscal year before the previous fiscal year when presenting the construction work carried forward at the beginning of the cumulative second-quarter period of the previous fiscal year and at the beginning of the previous fiscal year.」
As an adjustment to comparative figures accompanying the application of the Accounting Standard for Revenue Recognition and other standards, it was reconfirmed that ¥145 million had been deducted from construction work carried forward at the beginning of the cumulative second-quarter period of the previous fiscal year and at the beginning of the previous fiscal year. - FY2023-Q1Updated comparative presentation of the impact of applicationAnnual report
「To reflect the impact of applying the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the previous consolidated fiscal year, ¥145 million was deducted from the construction work carried forward from the previous fiscal year before the previous fiscal year when presenting the construction work carried forward at the beginning of the cumulative first-quarter period of the previous fiscal year and at the beginning of the previous fiscal year.」
As an adjustment to comparative figures accompanying the application of the Accounting Standard for Revenue Recognition and other standards, the company noted that ¥145 million had been deducted from construction work carried forward at the beginning of the fiscal year. - FY2022-Q3Updated the impact of application for the third quarterAnnual report
「The application of the Accounting Standard for Revenue Recognition and other standards increased completed construction revenue and completed construction costs for the cumulative third-quarter period of the current consolidated fiscal year by ¥149 million each. There was no impact on the opening balance of retained earnings for the current fiscal year.」
The impact of applying the Accounting Standard for Revenue Recognition on completed construction revenue and completed construction costs for the cumulative third-quarter period was ¥149 million each. - FY2022-Q2RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the current first quarter of the consolidated fiscal year.」
The application of the Accounting Standard for Revenue Recognition from the beginning of the first quarter of the consolidated fiscal year was reconfirmed. For the cumulative second-quarter period, completed construction revenue and completed construction costs each increased by ¥72 million, with no impact on the opening balance of retained earnings. - FY2022-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the current first-quarter consolidated accounting period.」
The Accounting Standard for Revenue Recognition, which had been listed as a standard not yet applied in FY2020, was applied from the beginning of the first quarter of the current consolidated fiscal year. Completed construction revenue and completed construction costs each increased by ¥147 million, with no impact on the opening balance of retained earnings. - FY2020First statedAnnual report
「“Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020 (Reiwa 2))」
The company listed comprehensive accounting standards and other standards related to revenue recognition for the first time as accounting standards not yet applied, stating that they were scheduled to be applied from the beginning of the fiscal year ending March 2022 and that the impact was under evaluation.