Planned application of the Accounting Standard for Revenue Recognition for the fiscal year ending March 2022
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2024-Q3.
27 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「The results of disaggregating the group’s completed construction contract revenue by order category and timing of revenue recognition are as follows.」
The company continues to disclose information by order category and timing of revenue recognition based on the revenue recognition standard applied from the fiscal year ending March 2022. - FY2024-Q1RestatedAnnual report
「The results of disaggregating the group’s completed construction contract revenue by order category and timing of revenue recognition are as follows.」
The company continues to apply the treatment based on the revenue recognition standard applied from the fiscal year ending March 2022. - FY2023RestatedAnnual report
「In principle, we apply a method of recognising revenue over a specified period for all construction projects, equivalent to the former percentage-of-completion method. We estimate the progress toward satisfying performance obligations and recognise revenue over a specified period based on that progress.」
Based on the revenue recognition standard applied from the fiscal year ending March 2022, the company continues, in principle, to recognise revenue according to the progress of construction projects. - FY2022-Q3RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter, and now recognize revenue at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The company continues to apply the accounting treatment based on the revenue recognition standard applied from the beginning of the first quarter of the consolidated fiscal year in its report for the third quarter of the current fiscal year. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is now 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 company applied the previously planned accounting standard on revenue recognition from the beginning of the first quarter of the current consolidated fiscal year on 1 April 2021. In principle, it has transitioned to recognising revenue over time for all construction projects. - FY2020RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company continues to plan to apply the accounting standard related to revenue recognition from the beginning of the fiscal year ending March 2022. - FY2019RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The Company continues to disclose its plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022. - FY2018First statedAnnual report
「(2) Scheduled date of adoption The standards will be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adopting the accounting standards and other requirements The amount of the impact on the consolidated financial statements from adopting the Accounting Standard for Revenue Recognition and other requirements is currently being evaluated.」
The company disclosed plans to apply the new accounting standard and implementation guidance on revenue recognition from the beginning of the fiscal year ending March 2022.