RenetJapanGroup (3556) · InitiativeAchieved
Preparation for the Application of the Revenue Recognition Accounting Standards and Other Standards for the Fiscal Year Ending September 2022
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
3years
0from disclosures
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Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 366 companies write about · 218 as a headwind · 11 as a tailwind
16 other companies' latest entry also says "Achieved".
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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 366 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and other standards were applied from the beginning of the current first quarter consolidated 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 is transferred to the customer.」
The Accounting Standard for Revenue Recognition and other standards, scheduled for application from the beginning of the fiscal year ending September 2022 in the FY2020 annual disclosure, were applied. The presentation of amounts equivalent to third-party points was changed, reducing revenue by ¥34,670 thousand, while the disclosure states that there was no impact on operating profit, ordinary profit or other items. - FY2020First statedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and related standards: scheduled to be applied from the beginning of the fiscal year ending September 2022.」
The Accounting Standard for Revenue Recognition and other standards were scheduled to be applied from the beginning of the fiscal year ending September 2022, and the impact is currently being assessed.