Planned application of the Revenue Recognition Accounting Standard for the fiscal year ending March 2022
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2022-Q3.
27 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, there was no impact on profit or loss for the cumulative third quarter period. There was also no impact on the opening balance of retained earnings for the current fiscal year.」
The company continues to state that, following application of the Revenue Recognition Standard, there was no impact on profit or loss or on the opening balance of retained earnings. - FY2022-Q2Confirmation that application of the Revenue Recognition Standard has no impact on profit or loss or opening retained earningsAnnual report
「As a result, there was no impact on profit or loss for the cumulative second quarter period. There was also no impact on the opening balance of retained earnings for the current fiscal year.」
The company states that, following application of the Revenue Recognition Standard, there was no impact on profit or loss for the cumulative second quarter period or on the opening balance of retained earnings. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard” and related standards) from the beginning of the first quarter 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 transfers to the customer. Accordingly, whereas revenue had been recognized upon shipment, the company changed its policy to recognize revenue when the product arrives at the customer, when it determines that the performance obligation has been satisfied.」
The Revenue Recognition Standard, which was scheduled to be applied through FY2019, has been applied from the beginning of the first quarter accounting period, changing the timing of revenue recognition from shipment to arrival at the customer. - FY2019RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company continued to plan to apply the accounting standards and related guidance for revenue recognition from the beginning of the fiscal year ending March 2022. - FY2018First statedAnnual report
「(2) Scheduled date of application The amendments will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards, etc. The impact on the financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」
The Accounting Standard for Revenue Recognition and other relevant standards are scheduled to apply from the beginning of the fiscal year ending March 2022, and the impact on the financial statements is under assessment.