Preparation for the Adoption of the Revenue Recognition Standard
First written in FY2019. 1 of 4 entries say "Restated". Latest entry: FY2022-Q3.
82 other companies' latest entry also says "Other".
- FY2022-Q3Update on the Impact of AdoptionAnnual report
「As a result, compared with the previous accounting treatment, net sales for the nine months ended the third quarter of the current consolidated fiscal year increased by ¥141,699 thousand, cost of sales increased by ¥159,660 thousand, and operating profit, ordinary profit and profit before income taxes and other adjustments for the quarter each decreased by ¥17,961 thousand.」
The impact of applying the revenue recognition accounting standard for the nine months ended the third quarter was updated. Net sales increased by ¥141,699 thousand, while operating profit and other items decreased by ¥17,961 thousand. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 accounting standards and other guidance on revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were actually applied from the beginning of the first quarter of the current fiscal year. As a result, net sales increased by ¥42,036 thousand, while operating profit, ordinary profit and other items each decreased by ¥12,901 thousand. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The plan to apply the accounting standards and other guidance on revenue recognition from the beginning of the fiscal year ending March 2022 was reconfirmed, and the amount of the impact was said to be under evaluation. - FY2019First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company stated that it planned to apply the Accounting Standard for Revenue Recognition and related implementation guidance from the beginning of the fiscal year ending March 2022.