Future Adoption of the Revenue Recognition Accounting Standard and Impact Assessment
First written in FY2018. 7 of 9 entries say "Restated". Latest entry: FY2026-H1.
77 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
The company continues to disclose disaggregated revenue following the application of the Revenue Recognition Standard. - FY2024-Q3RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
The company continues to disclose disaggregated revenue following the application of the Revenue Recognition Standard. - FY2024-Q2RestatedAnnual report
「Tax expenses are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the consolidated fiscal year, including the current second quarter of the consolidated fiscal year, and multiplying income before income taxes for the quarter by that estimated effective tax rate.」
The company continues to apply in the second quarter its method of calculating tax expenses based on the estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
The company continues to disclose revenue following the application of the Revenue Recognition Standard. - FY2023-Q3RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
The company continues to disclose revenue following the application of the Revenue Recognition Standard. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated 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 is transferred to the customer.」
The company reconfirms that it has applied the Revenue Recognition Standard from the beginning of the first quarter of the consolidated fiscal year. It changed its revenue recognition methods for construction contracts and the solar power generation business, and states that the impact on performance for the cumulative third quarter was immaterial. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated 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 is transferred to the customer.」
The company reconfirms that it has applied the Revenue Recognition Standard from the beginning of the first quarter of the consolidated fiscal year. It changed its revenue recognition methods for construction contracts and the solar power generation business, and states that the impact on performance for the cumulative second quarter was immaterial. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards were applied from the beginning of the current first quarter of the consolidated 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 is transferred to the customer.」
The company applied the accounting standard for revenue recognition, which had previously been scheduled for future adoption, from the beginning of the current first quarter. It changed its revenue recognition methods for construction contracts and the solar power generation business, and states that the impact on net sales and other items was immaterial. - FY2018First statedAnnual report
「This is scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact is being assessed in preparing the current consolidated financial statements.」
The company plans to apply the accounting standard for revenue recognition from the fiscal year ending March 2022 and is assessing its impact on the financial statements.