Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending June 2022
First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2022-Q3.
57 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, revenue for the nine-month consolidated period increased by ¥19.914 million, cost of sales increased by ¥8.119 million, and operating profit, ordinary profit and profit before income taxes each increased by ¥11.795 million. In addition, the beginning balance of retained earnings increased by ¥11.674 million.」
The impact on the nine-month period of applying the revenue recognition accounting standard from the beginning of the fiscal year ending June 2022 is disclosed. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year increased by ¥14.278 million, cost of sales increased by ¥2.342 million, and operating profit, ordinary profit and profit before income taxes increased by ¥11.936 million each. The beginning balance of retained earnings also increased by ¥11.674 million.」
The Company disclosed the impact on the cumulative second quarter of applying the Revenue Recognition Accounting Standard from the beginning of the fiscal year ending June 2022. - FY2022-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other related standards from the beginning of the current first quarter of the consolidated 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. As a result, revenue for the cumulative first quarter of the current consolidated fiscal year increased by ¥15.806 million, cost of sales decreased by ¥6.485 million, and operating profit, ordinary profit and profit before income taxes increased by ¥22.291 million each. The beginning balance of retained earnings also increased by ¥11.674 million.」
The Company applied the Revenue Recognition Accounting Standard and other related standards from the beginning of the fiscal year ending June 2022 and disclosed the specific impact of the application on revenue, profit and retained earnings at the beginning of the fiscal year. - FY2021AdvancedAnnual report
「Scheduled date of adoption of the Accounting Standard for Revenue Recognition and other related standards The standards will be applied from the beginning of the fiscal year ending June 2022. The impact of applying the Accounting Standard for Revenue Recognition and other related standards on the consolidated financial statements is expected to be an ¥11.674 million increase in retained earnings at the beginning of the fiscal year ending June 2022.」
The Company maintained its plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending June 2022 and specified the expected impact, including an ¥11.674 million increase in retained earnings at the beginning of the fiscal year. - FY2020First statedAnnual report
「Scheduled date for applying the Accounting Standard for Revenue Recognition and related standards The standards will be applied from the beginning of the fiscal year ending June 2022.」
The Company plans to apply the accounting standards for revenue recognition and other related standards from the beginning of the fiscal year ending June 2022, and stated that it is currently assessing the impact.