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Wellnet (2428) · InitiativeAchieved

Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending June 2022

First written in FY2019. 1 of 4 entries say "Restated". Latest entry: FY2022-Q1.

4entries
3years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY20202019: 120192020: 120202021: 22021
Same theme, other companies
Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 366 companies write about · 218 as a headwind · 11 as a tailwind

16 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 366 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1AchievedAnnual report

    「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan, Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the current fiscal year. Their impact on opening balances was immaterial. Their impact on profit or loss for the first quarter was also immaterial.」

    The Company actually applied the revenue recognition standard from the beginning of the first quarter of the fiscal year ending June 2022 and assessed its impact on opening balances and quarterly profit or loss as immaterial.
  2. FY2021AdvancedAnnual report

    「(2) Scheduled date of adoption We will apply the standard from the beginning of the fiscal year ending June 2022. (3) Impact of adopting the accounting standard and related standards The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and related standards is immaterial.」

    The planned adoption of the revenue recognition standard from the beginning of the fiscal year ending June 2022 remains unchanged, and the impact on the financial statements is assessed as immaterial.
  3. FY2020RestatedAnnual report

    「(2) Scheduled date of adoption We will apply the standard from the beginning of the fiscal year ending June 2022. (3) Impact of adopting the accounting standard and related standards The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」

    The Company plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending June 2022 and is assessing the impact on the financial statements.
  4. FY2019First statedAnnual report

    「We will apply the standard from the beginning of the fiscal year ending June 2022. The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」

    The Company plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending June 2022 and is assessing the impact on the financial statements.
Moved together

"Electronic Money Service “Shiharai Hisho”" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22222★12345
  1. ★This thread
  2. 1Electronic Money Service “Shiharai Hisho”2×
  3. 2Bus IT Modernization Project and the “Bus Mori!” Bus Ticketing Series2×
  4. 3Joint Research on Bus Operations and Regional Revitalization2×
  5. 4Subscription-based service platform and back-office process automation2×
  6. 5Application in FY2022 of New Accounting Standards on Fair Value, Estimates and Accounting Policies2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Wellnet's next results are scheduled for 2026-10-30. Read the earnings preview
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Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending June 2022 | WELLNET CORPORATION (2428) | Komori