Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, the company had recognized the gross amount of consideration received from customers as revenue for certain product sales, but because these transactions are conducted as an agent, it has changed to recognizing revenue on a net basis, after deducting the amount paid to suppliers from the amount received from customers.」
The company applied the revenue recognition accounting standard from the beginning of the first quarter of the current consolidated fiscal year and continues to present certain product sales on a net basis as agent transactions. - FY2022-Q2RestatedAnnual report
「As a result, the company had recognized the gross amount of consideration received from customers as revenue for certain product sales, but because these transactions are conducted as an agent, it has changed to recognizing revenue on a net basis, after deducting the amount paid to suppliers from the amount received from customers.」
The company applied the revenue recognition accounting standard from the beginning of the first quarter of the current consolidated fiscal year and continues to present certain product sales on a net basis as agent transactions. The impact on profit and loss was described as immaterial. - FY2022-Q1AchievedAnnual report
「The company has applied 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,」
The company applied the revenue recognition accounting standards and related guidance, which it had planned to apply from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current consolidated fiscal year. For certain product sales classified as agent transactions, revenue has been changed from gross presentation to net presentation. - FY2020RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The company continues to plan to apply the accounting standard related to revenue recognition from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The company plans to apply the Accounting Standard for Revenue Recognition and related implementation guidance from the beginning of the fiscal year ending March 2022, and is currently assessing the impact.