Planned adoption of the Revenue Recognition and Business Combination Accounting Standards
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2023-Q1.
0 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized 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.」
The company continues to apply the Revenue Recognition Accounting Standard from the beginning of the first quarter of the fiscal year ending June 2022. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized 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.」
The company continues to apply the previously planned Revenue Recognition Accounting Standard from the beginning of the first quarter of the fiscal year ending June 2022. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized 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.」
The previously planned Revenue Recognition Accounting Standard was applied from the beginning of the first quarter of the fiscal year ending June 2022. There was no impact on the opening balance of retained earnings or on profit or loss for the first quarter. - FY2021RestatedAnnual report
「(2) Scheduled date of application The standard is scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The company continues to plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending June 2022. - FY2020Additional disclosure of accounting standards not yet appliedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) is scheduled to be applied from the beginning of the fiscal year ending June 2022. The Accounting Standard for Disclosure of Accounting Policies, Accounting Changes and Errors is scheduled to be applied from the year-end of the fiscal year ending June 2021.」
The company continued to plan to apply the revenue recognition standard in the fiscal year ending June 2022, and newly disclosed plans to apply the standards on disclosure of accounting policies and disclosure of accounting estimates from the end of the fiscal year ending June 2021. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 30 March 2018) is scheduled to be applied from the beginning of the fiscal year ending June 2022. The Accounting Standard for Business Combinations (Accounting Standard No. 21, 16 January 2019) is scheduled to be applied to business combinations and other transactions conducted from the beginning of the fiscal year ending June 2020 onward.」
The company disclosed that the revenue recognition standard would be applied from the beginning of the fiscal year ending June 2022, and that the business combination accounting standards and related standards would be applied from the beginning of the fiscal year ending June 2020 onward. The impact of both adoptions is still being assessed.