Preparing to Apply the New Revenue Recognition and Fair Value Measurement Standards
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
36 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards have been applied 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 is transferred to the customer. As a result, there was no impact on income or loss for the cumulative first quarter of the current fiscal year.」
The Revenue Recognition Accounting Standard was applied from the beginning of the first quarter of the current fiscal year. The Accounting Standard for Fair Value Measurement and related standards were also applied from the same point, and it was stated that there was no impact on the quarterly consolidated financial statements. - FY2021First statedAnnual report
「The standards are scheduled to be applied from the beginning of the fiscal year ending May 2022.」
The revenue recognition, fair value measurement and related accounting standards were scheduled to be applied from the beginning of the fiscal year ending May 2022, and the impact was still being assessed.