Adoption of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2022.
17 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the current consolidated fiscal year. Accordingly, 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.」
The Company continues to disclose for the full year the application of the accounting standards for revenue recognition, which began in the fiscal year ending March 2022, and the treatment of recognizing revenue at the time of delivery and other points. - FY2022-Q3RestatedAnnual report
「As a result, during the current third-quarter cumulative consolidated accounting period, net sales decreased by ¥263,593 thousand, cost of sales decreased by ¥241,577 thousand, and selling, general and administrative expenses decreased by ¥22,876 thousand, while operating income, ordinary income and income before income taxes increased by ¥861 thousand each.」
The accounting standards for revenue recognition applied from the first quarter continue to be applied, and the impact on the cumulative third-quarter period is disclosed. - FY2022-Q2RestatedAnnual report
「As a result, during the current second-quarter cumulative consolidated accounting period, net sales decreased by ¥215,350 thousand, cost of sales decreased by ¥195,620 thousand, and selling, general and administrative expenses decreased by ¥20,590 thousand, while operating income, ordinary income and income before income taxes increased by ¥861 thousand each.」
The accounting standards for revenue recognition applied from the first quarter continue to be applied, and the impact on net sales and other items for the current second-quarter cumulative period is disclosed. - FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The accounting standards for revenue recognition and related standards, scheduled for application from the fiscal year ending March 2022, were applied from the beginning of the current first-quarter consolidated accounting period. As a result, net sales decreased by ¥100,517 thousand, while operating income and other items increased by ¥861 thousand. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The Company continues to disclose its plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The Company is explicitly stating for the first time its plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022.