Planned adoption of the revenue recognition accounting standard for the fiscal year ending March 2022
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2022-Q1.
44 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other applicable standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. 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.」
The company actually adopted the revenue recognition standard, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, from the beginning of the first-quarter consolidated accounting period. It also changed the accounting treatment for agency transactions, points and coupons, and fees. - FY2021AdvancedAnnual report
「② Scheduled date of adoption: scheduled to be adopted from the beginning of the fiscal year ending March 2022. ③ Impact of applying the accounting standards, etc.: the impact of applying the Accounting Standard for Revenue Recognition and related standards to the consolidated financial statements is immaterial.」
The company maintained its plan to adopt the standard for revenue recognition from the fiscal year ending March 2022 and assessed the impact on the consolidated financial statements as immaterial. - FY2019RestatedAnnual report
「② Scheduled date of adoption: scheduled to be adopted from the beginning of the fiscal year ending March 2022. ③ Impact of applying the accounting standards, etc.: the impact was being evaluated when these consolidated financial statements were prepared.」
The Accounting Standard for Revenue Recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of its impact continues to be assessed. - FY2018First statedAnnual report
「“Accounting Standard for Revenue Recognition” … “Implementation Guidance on Accounting Standard for Revenue Recognition” … Scheduled date of adoption: scheduled to be adopted from the beginning of the fiscal year ending March 2032.」
The company stated that it plans to adopt the new accounting standard for revenue recognition from the beginning of the fiscal year ending March 2032, and that the impact was being evaluated as of the preparation date.