Preparing to Apply the Revenue Recognition Standard
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
85 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, revenue for the cumulative third quarter decreased by ¥2,807 million, and cost of sales also decreased by ¥2,807 million, but there was no impact on gross profit, operating income, ordinary income or profit before income taxes and other adjustments.」
The company disclosed that, following application of the revenue recognition accounting standard, the decrease in revenue and cost of sales during the cumulative third quarter was ¥2,807 million each, while there was no impact on profit. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the cumulative second quarter decreased by ¥1,924 million, and cost of sales also decreased by ¥1,924 million, but there was no impact on gross profit, operating income, ordinary income or profit before income taxes and other adjustments.」
The company disclosed that, following application of the revenue recognition accounting standard, revenue and cost of sales each decreased by ¥1,924 million during the cumulative second quarter, while there was no impact on profit. - FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 transfers to the customer.」
The revenue recognition accounting standard was applied from the beginning of the first quarter consolidation period on 1 April 2021. As a result, revenue and cost of sales each decreased by ¥893 million, but there was no impact on operating income or other income figures. - FY2021RestatedAnnual report
「(2) Scheduled adoption date: The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and related provisions: The impact was being evaluated at the time these consolidated financial statements were prepared.」
The company plans to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and continues to evaluate the impact. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 30 March 2018) were scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact was being assessed when these consolidated financial statements were prepared.」
The company planned to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and was evaluating the impact on the financial statements.