Application of the Revenue Recognition Standard
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022.
123 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company applies the revenue recognition accounting standard and related standards in accordance with the transitional treatment prescribed in the proviso to Paragraph 84 of the revenue recognition accounting standard. The application had no impact on profit or loss or retained earnings at the beginning of the current consolidated fiscal year.」
The company continued applying the revenue recognition accounting standard throughout the fiscal year and confirmed that it had no impact on the financial figures. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 transfers to the customer.」
The company applied the revenue recognition accounting standard and related standards from the first quarter beginning 1 April 2021. It stated that there was no impact on profit or loss or retained earnings at the beginning of the period.