Application of the Revenue Recognition Standard from the Fiscal Year Ending November 2022
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.
16 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year and began recognizing revenue 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 standard for revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending November 2022, was applied from the beginning of the first quarter of the current consolidated fiscal year. The disclosure states that the impact was immaterial and that there was no impact on retained earnings at the beginning of the period. - FY2021RestatedAnnual report
「Scheduled to be applied from the beginning of the fiscal year ending November 2022. The impact is currently being evaluated in preparing these consolidated financial statements.」
The disclosure continued to state that the accounting standard for revenue recognition would be applied from the beginning of the fiscal year ending November 2022 and that its impact was under evaluation. - FY2020RestatedAnnual report
「Scheduled application date: Scheduled to be applied from the beginning of the fiscal year ending November 2022. The impact is currently being evaluated in preparing these consolidated financial statements.」
The disclosure continued to state that the accounting standard for revenue recognition would be applied from the beginning of the fiscal year ending November 2022 and that its impact was under evaluation. - FY2019First statedAnnual report
「“Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 30 March 2018)”“Scheduled application date: Scheduled to be applied from the beginning of the fiscal year ending November 2022.”“The impact is currently being evaluated in preparing these consolidated financial statements.」
The company stated that it plans to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending November 2022 and is evaluating its impact on the financial statements.