Application of the Revenue Recognition Accounting Standard from the Beginning of the Fiscal Year Ending June 2022
First written in FY2019. 1 of 5 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022.
83 other companies' latest entry also says "Other".
- FY2022Final disclosure of the full-year impact of adoptionAnnual report
「As a result, compared with the figures before applying the Accounting Standard for Revenue Recognition and related standards, revenue, operating income, ordinary income and net income before income taxes and other adjustments in the consolidated income statement for the current fiscal year each decreased by ¥12.680 million.」
Full-year application of the Accounting Standard for Revenue Recognition reduced revenue, operating income, ordinary income and net income before income taxes and other adjustments by ¥12.680 million each, while increasing the opening balance of retained earnings by ¥8.797 million. - FY2022-Q3Detailed disclosure of the impact of applicationAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. As a result, revenue, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the cumulative third quarter decreased by ¥12 million each. The opening balance of retained earnings also increased by ¥8 million.」
The impact of applying the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending June 2022 was specified as a ¥12.680 million impact on profit or loss for the cumulative third quarter and a ¥8.797 million impact on the opening balance of retained earnings. - FY2022-Q2RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. As a result, revenue, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the cumulative second quarter decreased by ¥12 million each. The opening balance of retained earnings also increased by ¥8 million.」
The company made an additional disclosure of the impact on the cumulative second-quarter results of applying the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending June 2022, were applied from the beginning of the first quarter of the current fiscal year. There was no impact on first-quarter profit or loss, while the opening balance of retained earnings increased by ¥8.797 million. - FY2019First statedAnnual report
「The planned effective date for the application of the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending June 2022.」
The company disclosed plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending June 2022.