Planned adoption of the revenue recognition accounting standard from the fiscal year ending January 2023
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
8 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The revenue recognition accounting standards and related standards, which had been scheduled to apply from the beginning of the fiscal year ending January 2023, were actually applied from the beginning of the first quarter of the current consolidated fiscal year. Net presentation of agent transactions reduced both revenue and cost of sales by ¥111.197 million compared with the previous method. - FY2020First statedAnnual report
「Scheduled effective date: The standards are scheduled to apply from the beginning of the fiscal year ending January 2023. The amount of the impact is being assessed when preparing these consolidated financial statements.」
The revenue recognition accounting standards and related standards are scheduled to apply from the beginning of the fiscal year ending January 2023, and the amount of their impact on the financial statements is stated to be under assessment.