Application of the Revenue Recognition Accounting Standard and Related Standards
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2025.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Revenue from construction contracts primarily includes contract work for mobile phone base stations. For performance obligations satisfied over a period of time, except for construction projects completed over a very short period, the Company estimates the progress toward satisfaction of the performance obligation and recognizes revenue over the relevant period based on that progress.」
The Company continues to disclose its revenue recognition policies for service provision and construction contracts following the application of the revenue recognition accounting standard. - FY2022First statedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “revenue recognition standard”) and other relevant standards from the beginning of the current fiscal year. 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 applied the revenue recognition accounting standard and related standards from the beginning of FY2022. It states that there was no impact on profit or loss or retained earnings at the beginning of the period.