Preparation for Applying the Revenue Recognition Standard
First written in FY2022. 3 of 5 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2023.
0 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「As a result, net sales and selling, general and administrative expenses for the current consolidated fiscal year decreased by ¥2,674 million each.」
The full-year impact of applying the revenue recognition accounting standard reduced net sales and selling, general and administrative expenses by ¥2,674 million each. - FY2023-Q3AdvancedAnnual report
「As a result, net sales and selling, general and administrative expenses for the nine months ended the third quarter of the current consolidated fiscal year decreased by ¥2,042 million each.」
The cumulative impact of applying the revenue recognition accounting standard reduced net sales and selling, general and administrative expenses by ¥2,042 million each. - FY2023-Q2AdvancedAnnual report
「As a result, net sales and selling, general and administrative expenses for the six months ended the second quarter of the current consolidated fiscal year decreased by ¥1,330 million each.」
The Company disclosed that, as the cumulative impact of applying the revenue recognition accounting standard, net sales and selling, general and administrative expenses each decreased by ¥1,330 million. - FY2023-Q1AchievedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 transfers to the customer.」
The accounting standards for revenue recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were applied from the beginning of the first quarter under review. As a result, net sales and selling, general and administrative expenses each decreased by ¥659 million. - FY2022First statedAnnual report
「The standard is scheduled to be adopted from the beginning of the fiscal year ending February 2023.」
The Company stated that it planned to apply the accounting standard for revenue recognition and its implementation guidance from the beginning of the fiscal year ending February 2023, with the amount of the impact still under evaluation.