Planned Adoption of the Revenue Recognition Standard for the Fiscal Year Ending January 2023
First written in FY2021. 4 of 6 entries say "Restated". Latest entry: FY2023.
123 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other applicable standards from the beginning of the 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. As a result, there is no impact on profit or loss for the fiscal year.」
The company states that it applied the Revenue Recognition Accounting Standard and other applicable standards from the beginning of the fiscal year, with no impact on profit or loss or the opening balance of retained earnings carried forward. - FY2023-Q3RestatedAnnual report
「The Company has applied the "Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and other relevant guidance from the beginning of the first quarter of the current fiscal year, recognizing revenue 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. As a result, there was no impact on profit or loss for the cumulative second quarter of the current fiscal year.」
The treatment of continuing to apply the revenue recognition accounting standards and other applicable standards from the beginning of the first-quarter accounting period, with no impact on profit or loss for the nine months ended the third quarter, remains unchanged. - FY2023-Q2RestatedAnnual report
「The Company has applied the "Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and other relevant guidance from the beginning of the first quarter of the current fiscal year, recognizing revenue 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. As a result, there was no impact on profit or loss for the cumulative second quarter of the current fiscal year.」
The Company continues to apply the Revenue Recognition Standard and other relevant guidance adopted from the beginning of the first quarter of the current fiscal year and states that there was no impact on profit or loss for the cumulative second quarter. - FY2023-Q1AchievedAnnual report
「The Company adopted the "Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and other relevant guidance from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, there was no impact on profit or loss for the cumulative first quarter of the current fiscal year.」
The Company adopted the Revenue Recognition Standard and other relevant guidance as planned from the beginning of the fiscal year ending January 2023. The adoption had no impact on profit or loss for the cumulative first quarter of the current fiscal year and no impact on the opening balance of retained earnings. - FY2022RestatedAnnual report
「(2) Scheduled date of adoption The standards are scheduled to be adopted from the beginning of the fiscal year ending January 2023. (3) Impact of adopting the accounting standards and other guidance The impact was under evaluation as of the preparation date of these financial statements.」
The Company continues to explain that it plans to adopt the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending January 2023 and is evaluating the impact. - FY2021First statedAnnual report
「"Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and "Implementation Guidance on Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Guidance No. 30, 31 March 2020)」
The Company planned to adopt the new accounting standards and other guidance concerning revenue recognition from the beginning of the fiscal year ending January 2023, with the impact still under evaluation as of the preparation date of the financial statements.