Preparation for the Adoption of New Accounting Standards
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2022.
13 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As the cumulative impact was reflected in net assets at the beginning of the current consolidated fiscal year, the beginning balance of retained earnings in the consolidated statement of changes in shareholders’ equity and other equity decreased by ¥1.710 billion.」
Following the practical application of the revenue recognition standard, the impact on the full-year financial statements was disclosed, including a ¥1.710 billion decrease in retained earnings due to the cumulative impact and ¥1.487 billion in contract liabilities. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the current first-quarter consolidated accounting period, and now recognize revenue at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
Regarding the accounting standards and related guidance on revenue recognition, the company moved from preparing for application and assessing the impact to applying them in practice from the beginning of the first quarter of the current consolidated fiscal year. - FY2021RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The company plans to apply the accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending March 2022 and is currently assessing the impact. - FY2019RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The company plans to apply the accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending March 2022 and is currently assessing the impact. - FY2018First statedAnnual report
「(2) Scheduled date of application The amendments will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards, etc. The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」
The company plans to apply the accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending March 2022 and is currently assessing the impact on the financial statements.