Application of the Accounting Standard for Revenue Recognition in the Fiscal Year Ending February 2023
First written in FY2020. 2 of 7 entries say "Restated". Latest entry: FY2023.
4 other companies' latest entry also says "Other".
- FY2023Full-year update of the impact of applicationAnnual report
「As a result, revenue for the current consolidated fiscal year decreased by ¥2,159 million, and cost of sales decreased by ¥2,159 million. There was no change in operating profit, ordinary profit or profit before income taxes.」
It was stated that the full-year adoption of the accounting standard for revenue recognition reduced revenue and cost of sales by ¥2,159 million each, with no impact on profit. - FY2023-Q3Update to the impact amount from adoption, cumulative through the third quarterAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal period decreased by ¥1,681 million, and cost of sales decreased by ¥1,681 million. There was no change in operating profit, ordinary profit or profit before income taxes.」
It was stated that, cumulatively through the third quarter of the 59th fiscal period, the adoption of the accounting standard for revenue recognition reduced revenue and cost of sales by ¥1,681 million each, with no impact on profit. - FY2023-Q2Update to the impact amount from adoption, cumulative through the second quarter of the 59th fiscal periodAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal period decreased by ¥1,117 million, and cost of sales decreased by ¥1,117 million. There was no change in operating profit, ordinary profit or profit before income taxes.」
It was stated that, cumulatively through the second quarter of the 59th fiscal period, the adoption of the accounting standard for revenue recognition reduced revenue and cost of sales by ¥1,117 million each, with no impact on profit. - FY2023-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related guidance from the beginning of the current first quarter consolidated accounting period. 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, revenue and cost of sales for the cumulative first quarter of the current consolidated fiscal year each decreased by ¥606 million. There was no change in operating profit, ordinary profit or quarterly net income before income taxes and other adjustments.」
The Company actually applied the Accounting Standard for Revenue Recognition and related guidance, which had been scheduled for application from the beginning of the fiscal year ending February 2023, from the beginning of the current first quarter consolidated accounting period. Revenue and cost of sales each decreased by ¥606 million due to the presentation of agent transactions on a net basis, but there was no impact on profit. - FY2022RestatedAnnual report
「The impact of applying the Accounting Standard for Revenue Recognition and other related standards on the consolidated financial statements is immaterial.」
The Company has maintained its plan to apply the Accounting Standard for Revenue Recognition and related guidance from the beginning of the fiscal year ending February 2023, and assesses the impact as immaterial. - FY2021RestatedAnnual report
「To be applied from the beginning of the fiscal year ending February 2023.」
The Company continues to indicate its plan to apply the Accounting Standard for Revenue Recognition and related guidance from the beginning of the fiscal year ending February 2023. - FY2020First statedAnnual report
「To be applied from the beginning of the fiscal year ending February 2023.」
The Company disclosed for the first time its plan to apply the Accounting Standard for Revenue Recognition and related implementation guidance from the beginning of the fiscal year ending February 2023. The impact is currently being assessed.