Application of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
17 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards were 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.」
Reconfirms that the accounting standards for revenue recognition and other related standards have been applied from the beginning of the first quarter consolidated accounting period. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards were 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.」
Reconfirms that the accounting standards for revenue recognition and other related standards have been applied from the beginning of the first quarter consolidated accounting period. - FY2022-Q1AchievedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first-quarter consolidated accounting period. 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 accounting standards for revenue recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current fiscal year. For construction contracts, the Company changed to revenue recognition based on the progress toward satisfaction of performance obligations, but there was no impact on the beginning balance of retained earnings or profit or loss for the current quarter. - FY2021First statedAnnual report
「The scheduled application date for the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending March 2022.」
The Company planned to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and expected the impact on the consolidated financial statements to be immaterial.