Application of the revenue recognition accounting standard from the fiscal year ending March 2022
First written in FY2019. 1 of 5 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022.
83 other companies' latest entry also says "Other".
- FY2022Annual update of the impact of applying accounting standardsAnnual report
「As a result, compared with before the application of the revenue recognition accounting standard and other related standards, the consolidated balance sheet for the current consolidated fiscal year shows an increase of ¥252.088 million in contract liabilities. On the consolidated income statement for the current consolidated fiscal year, revenue decreased by ¥658.820 million, while operating income, ordinary income and profit before income taxes increased by ¥14.553 million each.」
The Company disclosed the annual impact of applying the revenue recognition accounting standard, including changes in contract liabilities, revenue and operating income, among other items. - FY2022-Q3Cumulative update of the impact of applying accounting standardsAnnual report
「As a result, the beginning balance of retained earnings decreased by ¥176.733 million. In addition, revenue for the nine months ended 31 December decreased by ¥557.286 million, while operating income, ordinary income and profit before income taxes decreased by ¥105.947 million each.」
The Company updated its disclosure of the decreases in the beginning balance of retained earnings, revenue and operating income, among other items, as the impact of applying the revenue recognition accounting standard for the nine months ended 31 December. - FY2022-Q2Cumulative update of the impact of applying accounting standardsAnnual report
「The Company applied the Accounting Standard for Revenue Recognition and other related standards 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. As a result, the beginning balance of retained earnings decreased by ¥176.733 million. In addition, revenue for the six months ended 30 September decreased by ¥508.466 million, while operating income, ordinary income and profit before income taxes decreased by ¥206.796 million each.」
Following the application of the revenue recognition accounting standard, the Company disclosed that, for the six months ended 30 September, the beginning balance of retained earnings decreased by ¥176.733 million, revenue decreased by ¥508.466 million, and operating income, ordinary income and profit before income taxes decreased by ¥206.796 million each. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards from the beginning of the current first quarter of the consolidated fiscal year,」
The Company applied the accounting standards for revenue recognition from the beginning of the fiscal year ending March 2022, as planned. The changes included recognizing revenue over time in the education and nursing care businesses and presenting transactions on a net basis as an agent in the human resources and other businesses. - FY2019First statedAnnual report
「The new standards will be applied from the beginning of the fiscal year ending March 2022.」
The Company first disclosed its plan to apply the accounting standards for revenue recognition and other related standards from the beginning of the fiscal year ending March 2022.