Future adoption of the accounting standard for revenue recognition
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2022.
16 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「As a result, the opening balance of retained earnings decreased by ¥109.101 million. The impact on profit or loss for the consolidated fiscal year was immaterial.」
Applied the Revenue Recognition Accounting Standard from the beginning of the consolidated fiscal year and reflected the cumulative impact of ¥109.101 million in the opening balance of retained earnings. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan, Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first-quarter consolidated accounting period. Accordingly, 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.」
Applied the previously planned Revenue Recognition Accounting Standard from the beginning of the first-quarter consolidated accounting period starting on 1 November 2021. As a result, the opening balance of retained earnings decreased by ¥112.168 million, while the impact on profit or loss for the quarter was considered immaterial. - FY2020RestatedAnnual report
「We will apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending October 2022. The amount of the impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is currently under evaluation.」
Continues the policy of applying the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending October 2022, with the impact under evaluation. - FY2019RestatedAnnual report
「We will apply them from the beginning of the fiscal year ending October 2022.」
Plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending October 2022, with the impact remaining under evaluation. - FY2018First statedAnnual report
「We will apply the Revenue Recognition Standard and other related standards from the beginning of the fiscal year ending October 2022. The impact of applying these standards on the consolidated financial statements is currently being assessed.」
The company first disclosed plans to adopt the new revenue recognition standards from the beginning of the fiscal year ending October 2022 and stated that the impact was under assessment.