Future Adoption of the Revenue Recognition Standard
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
91 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. 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 Group continues to disclose that it has applied the accounting standards for revenue recognition and related standards from the beginning of the first-quarter consolidated accounting period, and that for construction contracts it recognizes revenue over time based on the degree of progress. - FY2022-Q2AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. 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 Group applied the accounting standards for revenue recognition and related standards from the beginning of the first-quarter consolidated accounting period, as previously planned. For construction contracts, the Group changed to a method of recognizing revenue over time based on the degree of progress. - FY2019RestatedAnnual report
「The planned effective date for applying the Accounting Standard for Revenue Recognition and other related standards is the beginning of the fiscal year ending October 2022.」
The Group continues to state its plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending October 2022. - FY2018First statedAnnual report
「The planned effective date for applying the Accounting Standard for Revenue Recognition and other related standards is the beginning of the fiscal year ending October 2022.」
The Group plans to apply the accounting standard and implementation guidance on revenue recognition from the beginning of the fiscal year ending October 2022.