Preparing to apply the accounting standard for revenue recognition
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2022.
123 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards were applied from the beginning of the current fiscal year. Revenue is recognized 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.」
Application of the Accounting Standard for Revenue Recognition from the beginning of the current fiscal year has continued. The impact on net sales and profit or loss was immaterial, and there was no impact on retained earnings carried forward at the beginning of the period. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the first-quarter accounting period.」
Application of the Accounting Standard for Revenue Recognition from the beginning of the first-quarter accounting period has continued. The accounting treatment of sales discounts, which changed from non-operating expenses to a deduction from net sales, has also continued as the accounting policy following application of the standard. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first-quarter accounting period. Accordingly, the key management indicators and other information for the cumulative second-quarter period and the second-quarter accounting period reflect application of those standards.」
Application of the Accounting Standard for Revenue Recognition from the beginning of the first-quarter accounting period continued through the cumulative second-quarter period. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the current first-quarter accounting period. Accordingly, the key management indicators and other information for the cumulative first-quarter period reflect application of those standards.」
The Accounting Standard for Revenue Recognition, which had been disclosed as preparation for application from the beginning of the fiscal year ending May 2022, was applied from the beginning of the current first-quarter accounting period. The impact on net sales and profit or loss was immaterial, and there was no impact on retained earnings at the beginning of the period. - FY2021RestatedAnnual report
「This will be applied from the beginning of the fiscal year ending May 2022.」
The policy of applying the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending May 2022 remains in place. The impact is still being assessed, but is considered immaterial. - FY2020RestatedAnnual report
「This will be applied from the beginning of the fiscal year ending May 2022.」
The policy of applying the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending May 2022 remains in place, and the impact is still being assessed. - FY2019RestatedAnnual report
「This will be applied from the beginning of the fiscal year ending May 2022.」
The policy of applying the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending May 2022 remains in place, and the impact on the financial statements is still being assessed. - FY2018First statedAnnual report
「The new standards will be applied from the beginning of the fiscal year ending May 2022.」
This is the first disclosure of the policy to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending May 2022. The impact on the financial statements is still being assessed.