Preparing to Adopt Revenue Recognition and Fair Value Measurement Standards
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
126 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards have been applied from the beginning of the first quarter of the current fiscal year. Revenue is recognised 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. As a result, operating revenue and cost of sales for the nine months ended the third quarter increased by ¥297 million.」
The company discloses that, following application of the Revenue Recognition Standard from the beginning of the first quarter, operating revenue and cost of sales increased by ¥297 million for the nine months ended the third quarter. - FY2022-Q2RestatedAnnual report
「As a result, operating revenue and cost of sales for the six months ended the second quarter decreased by ¥119 million.」
The company discloses the impact of applying the Revenue Recognition Standard from the beginning of the first quarter on operating revenue and cost of sales for the six months ended the second quarter. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards have been applied from the beginning of the first quarter of the current fiscal year. Revenue is recognised 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 applied the Revenue Recognition Standard, for which preparations had been under way for application from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. The accounting standard for fair value measurement was also applied from the same fiscal year-beginning date. - FY2021First statedAnnual report
「The new standards are scheduled to apply from the beginning of the fiscal year ending March 2022. The amount of the impact is being assessed as of the preparation of these consolidated financial statements.」
The company has for the first time disclosed that it planned to apply the revenue recognition and fair value measurement accounting standards and other standards from the beginning of the fiscal year ending March 2022, and that it was assessing the amount of the impact.