Komori
Shinden Hightex (3131) · InitiativeAchieved

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

First written in FY2020. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q1.

3entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020AdvancedFY2021 – FY2022-Q12020: 120202021: 22021
Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 63 companies write about · 0 as a headwind · 0 as a tailwind

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

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 63 companies compared. The sentences above are computed from all 63.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1AchievedAnnual report

    「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is now recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」

    The revenue recognition accounting standard, which was scheduled to be applied from the beginning of the fiscal year ending March 2022, was actually applied from the beginning of the first quarter under review. There was no impact on profit or loss or retained earnings at the beginning of the period.
  2. FY2021AdvancedAnnual report

    「The impact of applying the Accounting Standard for Revenue Recognition and other related standards on the consolidated financial statements is immaterial.」

    The planned adoption of the revenue recognition standard from the beginning of the fiscal year ending March 2022 remains unchanged, and the impact on the consolidated financial statements is assessed as immaterial.
  3. FY2020First statedAnnual report

    「Scheduled effective date: To be applied from the beginning of the fiscal year ending March 2022.」

    The accounting standard for revenue recognition and its implementation guidance were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of their impact on the financial statements was under evaluation.
Moved together

"Identifying New Products and Competitive New Suppliers" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Identifying New Products and Competitive New Suppliers2×
  3. 2Diversifying Funding Sources and Strengthening Financial Position2×
  4. 3Sustaining a highly profitable business model, increasing EPS, and increasing gross profit per employee2×
  5. 4Market Entry into the 5G and Transportation Equipment Sectors2×
  6. 5Failure to meet the profit plan due to lower profit margins2×
  7. 6Restructuring of Overseas Operations through the Reorganisation of Overseas Subsidiaries and Changes in Equity Interests2×

★ 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
Shinden Hightex's next results are scheduled for 2026-11-10. Read the earnings preview
News
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