Preparing to Apply New Accounting Standards, Including Revenue Recognition
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2023.
125 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition 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 promised goods or services when control of those goods or services transfers to the customer.」
The filing reconfirms the application of the Accounting Standard for Revenue Recognition, as well as the performance obligations and timing of revenue recognition for software, hardware and maintenance services. - FY2022RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition 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 promised goods or services when control of those goods or services transfers to the customer.」
The filing reconfirms that the Accounting Standard for Revenue Recognition has been applied from the beginning of the current consolidated fiscal year. It states that there was no impact on profit or loss or retained earnings at the beginning of the period. - 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 filing reconfirms that the Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the first-quarter consolidated accounting period. It states that there was no impact on profit or loss or retained earnings at the beginning of the period. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the point 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.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the fiscal year commencing 1 November 2021, were actually applied from the beginning of the first-quarter accounting period. The accounting standards related to fair value measurement were applied in the same manner, and the filing states that there was no impact on the financial statements. - FY2020First statedAnnual report
「The Group plans to apply the relevant accounting standards and other requirements from the beginning of the consolidated fiscal year commencing 1 November 2021.」
The filing states that the Accounting Standard for Revenue Recognition and standards related to fair value measurement and other requirements were scheduled to be applied from the consolidated fiscal year commencing 1 November 2021, and that the amount of the impact was under assessment.