Implementation of the Revenue Recognition Accounting Standard
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: FY2022-Q3.
91 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual 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.」
This reiterates that the Revenue Recognition Accounting Standard was applied from the beginning of the first quarter of the consolidated fiscal year under review and that the company changed to methods including recognizing revenue over a period of time as performance obligations are satisfied. - FY2022-Q2RestatedAnnual 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.」
This reiterates that the Revenue Recognition Accounting Standard was applied from the beginning of the first quarter of the consolidated fiscal year under review and that, for construction contracts, the company changed to a method of recognizing revenue over a period of time as performance obligations are satisfied. - 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 Revenue Recognition Accounting Standard was applied from the beginning of the fiscal year ending March 2022. For construction contracts, the company changed from the previous percentage-of-completion and completed-contract methods to methods including recognizing revenue over a period of time as performance obligations are satisfied. It states that there was no impact on retained earnings at the beginning of the fiscal year or on profit or loss for the cumulative first quarter under review. - FY2021AdvancedAnnual report
「(2) Scheduled application date: To be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and other requirements: The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and other requirements is immaterial.」
The scheduled application of the revenue recognition standard from the beginning of the fiscal year ending March 2022 remains unchanged, and its impact on the financial statements was assessed as immaterial. - FY2019RestatedAnnual report
「(2) Scheduled application date: To be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and other requirements: The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and other requirements is currently being assessed.」
The Accounting Standard for Revenue Recognition and other requirements are scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact is currently being assessed. - FY2018First statedAnnual report
「(2) Scheduled application date: To be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and other requirements: The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and other requirements is currently being assessed.」
It plans to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending March 2022 and is currently assessing the impact on the financial statements.