Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ended March 2022
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2022.
16 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「The company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the current consolidated fiscal year, and recognizes 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.」
Started applying the revenue recognition accounting standard as planned from the beginning of the fiscal year ending March 2022, changing the presentation so that sales rebates are deducted from revenue. The impact on operating profit and other items was immaterial. - FY2022-Q1AdvancedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, the major management metrics and other indicators for the cumulative first quarter are those calculated after application of the accounting standard and related standards.」
Started applying the revenue recognition accounting standard as planned from the beginning of the fiscal year ending March 2022. The presentation of sales rebates was changed, but the impact on operating profit and other items was immaterial. - FY2021AdvancedAnnual report
「The revenue recognition standard and related guidance are to be applied from the beginning of the fiscal year ending March 2022. The impact of applying the revenue recognition standard and related guidance on the consolidated financial statements is immaterial at present.」
Continued the plan to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and assessed its impact on the consolidated financial statements as immaterial at present. - FY2019First statedAnnual report
「The revenue-recognition accounting standard and related standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
Planned to apply the new revenue recognition standard and implementation guidance from the beginning of the fiscal year ending March 2022, with the impact on the consolidated financial statements still under assessment at that time.