Planned Adoption of the Revenue Recognition Standard in the Fiscal Year Ending March 2022
First written in FY2019. 1 of 5 entries say "Restated". Latest entry: FY2022.
12 other companies' latest entry also says "Other".
- FY2022Annual impact of adoption updatedAnnual report
「As a result, compared with before application of the Accounting Standard for Revenue Recognition and related standards, net sales for the current consolidated fiscal year decreased by ¥869.399 million, cost of sales decreased by ¥669.817 million, selling, general and administrative expenses decreased by ¥198.319 million, and operating profit, ordinary profit and profit before income taxes decreased by ¥1.263 million each.」
Updated the annual impact amounts on net sales, expenses and profit following application of the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022. - FY2022-Q3Updated the impact of applicationAnnual report
「As a result, for the nine-month period of the current third quarter, net sales decreased by ¥671.496 million, cost of sales decreased by ¥521.028 million, selling, general and administrative expenses decreased by ¥148.956 million, and operating profit, ordinary profit and profit before income taxes decreased by ¥1.511 million each.」
Updated the impact amounts on net sales, expenses and profit for the nine-month period following application of the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022. - 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 were applied from the beginning of the first quarter of the current consolidated fiscal year」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year. As a result, net sales decreased by ¥215.863 million and operating profit and other items decreased by ¥2.169 million. - FY2021RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
Reconfirms the planned application of the accounting standard and related guidance on revenue recognition from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The Company has, for the first time, stated that it plans to apply the Accounting Standard for Revenue Recognition and related implementation guidance from the beginning of the fiscal year ending March 2022. The impact of the application on the consolidated financial statements is currently being assessed.