Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
94 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied. Revenue is recognised 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.」
Based on the revenue recognition accounting standards, we continue to recognise revenue from contract work according to the degree of completion and revenue from real estate transfers and other transactions at the time of delivery. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the 21st fiscal year. Accordingly, the major management indicators and other data for the 21st fiscal year reflect application of these accounting standards and related standards.」
The notes to the full-year major indicators continue to state that the revenue recognition accounting standards and related standards were applied from the beginning of the 21st fiscal year. - FY2022-Q3RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) 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.」
We continue to disclose the accounting policy of applying the revenue recognition accounting standards and related standards from the beginning of the first-quarter accounting period. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the current first-quarter 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 transfers to the customer.」
The company applied the revenue recognition accounting standards and related standards from the beginning of the first-quarter accounting period, adopting an accounting policy under which revenue is recognised based on when control is transferred to the customer. For contract work, it also discloses methods including recognising revenue over time.