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Shinyei Kaisha (3004) · InitiativeAchieved

Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ending March 2022

First written in FY2019. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q1.

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ProgressHeldSoftenedWorseFirst statedFY20192019: 120192020: 020202021: 22021
Same theme, other companies
Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 376 companies write about · 224 as a headwind · 12 as a tailwind

17 other companies' latest entry also says "Achieved".

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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 376 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1AchievedAnnual report

    「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Key management indicators for the six months ended 30 June reflect application of these standards.」

    The Company began applying the accounting standards for revenue recognition and other applicable standards as planned from the beginning of the fiscal year ending March 2022. As a result, sales decreased by ¥158 million, operating profit and ordinary profit each decreased by ¥1 million, and the opening balance of retained earnings decreased by ¥11 million.
  2. FY2021AdvancedAnnual report

    「The cumulative impact of adopting the Accounting Standard for Revenue Recognition and other applicable standards is expected to be reflected in net assets at the beginning of the following consolidated fiscal year, reducing the opening balance of retained earnings by ¥11 million.」

    The expected impact of adopting the accounting standards for revenue recognition from the beginning of the fiscal year ending March 2022 was made more specific, moving from an assessment of the impact to an expected ¥11 million reduction in the opening balance of retained earnings.
  3. FY2019First statedAnnual report

    「The new standards on revenue recognition and other applicable standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022. The amount of the impact on the consolidated financial statements is currently being assessed.」

    The Company planned to adopt the accounting standards for revenue recognition and other applicable standards from the beginning of the fiscal year ending March 2022 and stated that the impact on the financial statements was being assessed.
Moved together

"Transformation into a highly profitable business and enhancement of earnings power" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222★123
  1. ★This thread
  2. 1Transformation into a highly profitable business and enhancement of earnings power2×
  3. 2Strengthening the Electronics Business and Developing New Products2×
  4. 3Business Expansion Through Overseas Markets and Bases2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Shinyei Kaisha's next results are scheduled for 2026-10-30. Read the earnings preview
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