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Shoei Yakuhin (3537) · InitiativeRestated

Application of the revenue recognition accounting standard from the fiscal year ending March 2022

First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2023.

7entries
6years
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ProgressHeldSoftenedWorseFirst statedFY2018 – FY2020RestatedFY2022-Q2 – FY20232018: 120182019: 020192020: 120202021: 220212022: 220222023: 12023
Same theme, other companies
対応 to the 2022 Adoption of the Revenue Recognition Accounting StandardA theme 619 companies write about · 16 as a headwind · 1 as a tailwind

123 other companies' latest entry also says "Restated".

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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 619 threads.
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  1. FY2023RestatedAnnual report

    「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards have been applied from the beginning of the 62nd fiscal year. Accordingly, the key management indicators and other measures for the 62nd fiscal year and subsequent periods reflect application of those standards.」

    Based on the Accounting Standard for Revenue Recognition applied from the beginning of the fiscal year ending March 2022, the company continued to report its indicators and revenue recognition for the fiscal year ending March 2023.
  2. FY2022RestatedAnnual report

    「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the current consolidated fiscal year. 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.」

    The Accounting Standard for Revenue Recognition applied from the beginning of the fiscal year ending March 2022 continues to be applied, with no impact on profit or loss or retained earnings at the beginning of the period.
  3. FY2022-Q3RestatedAnnual report

    「The Company adopted 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. 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 Accounting Standard for Revenue Recognition applied from the beginning of the first quarter consolidated accounting period continues to be applied in the third quarter. There was no impact on profit or loss or the opening balance of retained earnings.
  4. FY2022-Q2RestatedAnnual report

    「The Company adopted 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. 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 Accounting Standard for Revenue Recognition applied from the beginning of the fiscal year ending March 2022 continues to be applied in the second quarter. There was no impact on profit or loss or the opening balance of retained earnings.
  5. FY2022-Q1AchievedAnnual 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 Accounting Standard for Revenue Recognition, scheduled for application from the beginning of the fiscal year ending March 2022, was applied from the beginning of the first quarter consolidated accounting period. There was no impact on profit or loss or retained earnings at the beginning of the period.
  6. FY2020RestatedAnnual report

    「(2) Scheduled adoption date The standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standards The impact was under evaluation when the consolidated financial statements were prepared.」

    The Accounting Standard for Revenue Recognition was scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact continued to be assessed.
  7. FY2018First statedAnnual report

    「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 30 March 2018) are scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact is being assessed in preparing these consolidated financial statements.」

    The company first stated explicitly that it planned to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022, and that the impact on the financial statements was being assessed.
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Application of the revenue recognition accounting standard from the fiscal year ending March 2022 | SHOEI YAKUHIN CO.,LTD. (3537) | Komori