Application of the Revenue Recognition Standard from the Fiscal Year Ending February 2023
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current 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 transfers to the customer.」
The revenue recognition accounting standard and related guidance, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were applied from the beginning of the first quarter. Changes in the treatment of sales promotion expenses and loyalty points reduced both net sales and selling, general and administrative expenses by ¥46,304 thousand. - FY2022RestatedAnnual report
「To be applied from the beginning of the fiscal year ending February 2023.」
The revenue recognition accounting standard and related guidance are scheduled to be applied from the beginning of the fiscal year ending February 2023, with the amount of the impact continuing to be evaluated. - FY2021RestatedAnnual report
「To be applied from the beginning of the fiscal year ending February 2023.」
The revenue recognition accounting standard and related guidance are scheduled to be applied from the beginning of the fiscal year ending February 2023, with the amount of the impact continuing to be evaluated. - FY2020RestatedAnnual report
「To be applied from the beginning of the fiscal year ending February 2023.」
The revenue recognition accounting standard and related guidance are scheduled to be applied from the beginning of the fiscal year ending February 2023, with the amount of the impact continuing to be evaluated. - FY2019First statedAnnual report
「To be applied from the beginning of the fiscal year ending February 2023.」
The company stated that it plans to apply the revenue recognition accounting standard and implementation guidance from the beginning of the fiscal year ending February 2023, and is currently evaluating the amount of the impact on the consolidated financial statements.