Future Adoption of the Accounting Standard for Revenue Recognition
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022-Q2.
66 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The application of the revenue recognition accounting standard and related guidance follows the transitional treatment specified in the proviso to Paragraph 84 of the revenue recognition accounting standard. The cumulative effect of retrospectively applying the new accounting policy to periods before the beginning of the first quarter of the current consolidated fiscal year was added to or deducted from retained earnings at the beginning of that quarter, and the new accounting policy was applied from that opening balance.」
For the accounting standard on revenue recognition adopted from the beginning of the fiscal year ending March 2022, the adoption method, including transitional treatment, continued to be disclosed. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year」
The previously scheduled accounting standard and guidance on revenue recognition were adopted from 1 April 2021. As a result, revenue for the first quarter decreased by ¥35 million, while the operating loss and other losses each increased by ¥6 million. - FY2021RestatedAnnual report
「(2) Scheduled date of application: The standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. (3) Impact of application of the accounting standards and related requirements: The amount of the impact is being assessed as of the date of preparation of these consolidated financial statements.」
The accounting standard on revenue recognition was scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact continued to be assessed. - FY2018First statedAnnual report
「• Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 30 March 2018) • Implementation Guidance on Accounting Standard for Revenue Recognition (Implementation Guidance on Accounting Standard No. 30, 30 March 2018) (2) Scheduled date of adoption The standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standards and guidance The impact was being assessed as of the preparation of these consolidated financial statements.」
The new accounting standard and implementation guidance on revenue recognition were scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact was stated to be under assessment.