Preparation for Applying the Revenue Recognition Standard
First written in FY2019. 7 of 9 entries say "Restated". Latest entry: FY2024-Q3.
90 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers is presented as described in the "Notes (Segment Information, etc.)."」
It continues to disclose disaggregated revenue information following adoption of the Revenue Recognition Accounting Standard. - FY2024-Q1RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers is presented as described in the "Notes (Segment Information, etc.)."」
It continues to disclose disaggregated revenue information following adoption of the Revenue Recognition Accounting Standard. - FY2023-Q3RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers is presented as described in the "Notes (Segment Information, etc.)."」
It continues to disclose disaggregated revenue information following adoption of the Revenue Recognition Accounting Standard. - FY2023-Q1RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers is presented as described in the "Notes (Segment Information, etc.)."」
It continues to disclose disaggregated revenue information following adoption of the Revenue Recognition Accounting Standard. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and the Implementation Guidance on Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Guidance No. 30, 26 March 2021) have been applied from the beginning of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for the goods or services when control of the promised goods or services is transferred to the customer.」
It continues throughout the fiscal year to apply the treatment based on the Revenue Recognition Accounting Standard adopted from the beginning of the 108th fiscal year. - FY2021-Q3RestatedAnnual report
「As a result, certain sales promotion expenses and other items previously recorded as selling, general and administrative expenses have been deducted from revenue.」
It continues to deduct sales promotion expenses and other items from revenue and apply the accounting treatment for transactions involving the provision of goods for consideration under the Revenue Recognition Accounting Standard adopted from the first quarter. - FY2021-Q2RestatedAnnual report
「As a result, certain sales promotion expenses and other items previously recorded as selling, general and administrative expenses have been deducted from revenue.」
It continues to deduct sales promotion expenses and other items from revenue and apply the accounting treatment for transactions involving the provision of goods for consideration under the Revenue Recognition Accounting Standard adopted from the first quarter. - FY2021-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and the Implementation Guidance on Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Guidance No. 30, 31 March 2020) have been applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for the goods or services when control of the promised goods or services is transferred to the customer.」
The Revenue Recognition Accounting Standard and related guidance, whose timing of adoption and impact had been under consideration in the previous fiscal year, were adopted from the beginning of the first quarter of the current consolidated fiscal year. The presentation was also changed so that certain sales promotion expenses and other items were deducted from revenue. - FY2019First statedAnnual report
「The timing of adoption of the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 30 March 2018) is currently under consideration. The amount of the impact is being assessed as of the date of preparation of these consolidated financial statements.」
It disclosed for the first time that the revenue recognition standards, etc., had not yet been adopted and that the timing of adoption and the impact on the financial statements were under consideration.