Scheduled adoption of the revenue recognition accounting standard from FY2022
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2022.
127 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Adoption of the Accounting Standard for Revenue Recognition and the Implementation Guidance on the Accounting Standard for Revenue Recognition: adopted from the beginning of the current consolidated fiscal year」
For the revenue recognition standard adopted from the beginning of the fiscal year ending March 2022, the full-year accounting policy describes the application and its impact on net sales, cost of sales, selling expenses and general and administrative expenses. - FY2022-Q2RestatedAnnual report
「The company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard"), among other standards, from the beginning of the first quarter of the consolidated fiscal year,」
For the revenue recognition standard adopted from the beginning of the first-quarter consolidated accounting period, the second-quarter disclosure also describes the application and its impact on net sales, cost of sales and other items. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards were applied from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The accounting standard on revenue recognition, which was scheduled to be adopted from the beginning of the fiscal year ending March 2022, was actually adopted from the beginning of the first-quarter consolidated accounting period. The presentation of revenue from transactions involving customer-supplied materials and transactions conducted through other parties was also changed. - FY2020First statedAnnual report
「Scheduled to apply from the beginning of the fiscal year ending March 2022.」
The planned adoption, from the beginning of the fiscal year ending March 2022, of the accounting standard and implementation guidance on revenue recognition was disclosed for the first time, and the amount of the impact is stated to be under evaluation.