Planned Adoption of the Revenue Recognition Standard for the Fiscal Year Ending June 2022
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
42 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards were applied from the beginning of the first quarter of the current consolidated 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, resulting mainly in the following changes.」
The Revenue Recognition Standard and related standards, which had been scheduled for application from the beginning of the fiscal year ending June 2022, were applied from the beginning of the first quarter. The methods for recognizing revenue from points, sales promotion expenses, variable consideration and the clinical research support business were also changed. - FY2020RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending June 2022.」
The company reaffirmed its plan to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending June 2022, and stated that the impact is currently being assessed. - FY2019First statedAnnual report
「It is scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The company indicated that it plans to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending June 2022, and that the impact on the consolidated financial statements is currently being assessed.