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Ensuiko Sugar Refining (2112) · TargetRestated

Planned application of the new revenue recognition accounting standard for the fiscal year ending March 2022

First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2022.

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ProgressHeldSoftenedWorseRestatedFY2018 – FY2021RestatedFY2022-Q2 – FY20222018: 120182019: 120192020: 020202021: 320212022: 22022
Same theme, other companies
Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 370 companies write about · 222 as a headwind · 11 as a tailwind

85 other companies' latest entry also says "Restated".

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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 369 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022RestatedAnnual report

    「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the current consolidated fiscal year. Revenue is recognized 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 new revenue recognition accounting standard. Revenue for the period decreased by ¥781 million, cost of sales by ¥54 million, and selling, general and administrative expenses by ¥727 million.
  2. FY2022-Q3RestatedAnnual report

    「As a result, during the cumulative third quarter of the current consolidated fiscal year, revenue decreased by ¥612 million, cost of sales by ¥47 million, and selling, general and administrative expenses by ¥565 million. There was no impact on the opening balance of retained earnings.」

    The company continues to apply the new revenue recognition accounting standard and has disclosed its impact on revenue and expenses for the cumulative third quarter.
  3. FY2022-Q2RestatedAnnual report

    「As a result, during the cumulative second quarter of the current consolidated fiscal year, revenue decreased by ¥387 million, cost of sales by ¥36 million, and selling, general and administrative expenses by ¥350 million. There was no impact on the opening balance of retained earnings.」

    The company continues to apply the new revenue recognition accounting standard and has disclosed its impact on the cumulative period.
  4. FY2022-Q1AchievedAnnual report

    「We have applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year.」

    The new revenue recognition accounting standard, which was scheduled to be applied from the beginning of the fiscal year ending March 2022, was applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue decreased by ¥186 million, but there was no impact on the opening balance of retained earnings.
  5. FY2021RestatedAnnual report

    「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The company continues to plan to apply the new revenue recognition accounting standard from the beginning of the fiscal year ending March 2022.
  6. FY2019RestatedAnnual report

    「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The company continues to plan to apply the new revenue recognition accounting standard from the beginning of the fiscal year ending March 2022.
  7. FY2018First statedAnnual report

    「Scheduled application date: The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The company plans to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022. The amount of the impact is under assessment.
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Ensuiko Sugar Refining's next results are scheduled for 2026-11-06. Read the earnings preview
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