Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2023.
64 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the current consolidated fiscal year. Revenue is recognised 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, continued to be applied, with revenue recognized according to the satisfaction of performance obligations for implementation, maintenance and other services. - FY2022RestatedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the current consolidated fiscal year. Revenue is recognised 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, continued to be applied, with its impact for the current fiscal year stated as decreases of ¥44 million in net sales and ¥30 million in operating profit and other profit measures. - FY2022-Q3RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) and other standards continued to be applied from the beginning of the first quarter consolidated accounting period. As a result, for the cumulative third quarter, net sales increased by ¥215 million, while operating profit, ordinary profit and profit before income taxes increased by ¥146 million each.」
The accounting standard for revenue recognition, applied from the beginning of the fiscal year ending March 2022, continued to be applied, with its impact on the cumulative third quarter stated as increases of ¥215 million in net sales and ¥146 million in operating profit and other profit measures. - FY2022-Q2RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) and other 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 the promised goods or services when control of those goods or services is transferred to the customer. As a result, for the cumulative second quarter, net sales increased by ¥171 million, while operating profit, ordinary profit and profit before income taxes increased by ¥116 million each.」
The application of the accounting standard for revenue recognition continued, with its impact on the cumulative second quarter stated as increases of ¥171 million in net sales and ¥116 million in operating profit and other profit measures. - FY2022-Q1AchievedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) and other 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 the promised goods or services when control of those goods or services is transferred to the customer. As a result, for the cumulative first quarter, net sales increased by ¥73 million, cost of sales increased by ¥19 million, and operating profit, ordinary profit and profit before income taxes increased by ¥52 million each.」
The accounting standards for revenue recognition and other standards were applied from the beginning of the fiscal year ending March 2022, transitioning to revenue recognition based on contract combinations and satisfaction of performance obligations over time. As a result of the application, quarterly net sales increased by ¥73 million and operating profit and other profit measures increased by ¥52 million. - FY2021RestatedAnnual report
「The standards will be applied from the beginning of the fiscal year ending March 2022. The impact of applying the “Accounting Standard for Revenue Recognition” and other standards on the financial statements is currently being assessed.」
The policy of applying the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022, and the fact that its impact on the financial statements is under assessment, are reconfirmed. - FY2019RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The policy of applying the accounting standards for revenue recognition and other standards from the beginning of the fiscal year ending March 2022, and the fact that their impact is under assessment, are reiterated. - FY2018First statedAnnual report
「The “Accounting Standard for Revenue Recognition” and other standards will be applied from the beginning of the fiscal year ending March 2022. The impact of applying these accounting standards on the financial statements is currently being assessed.」
The policy of applying the new revenue recognition accounting standards and other standards from the beginning of the fiscal year ending March 2022 was disclosed for the first time, with the impact on the financial statements described as under assessment.