Daicel (4202) · InitiativeAchieved
Preparing for Adoption of the Revenue Recognition Standard in the Fiscal Year Ending March 2022
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
3years
0from disclosures
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Same theme, other companies
Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 424 companies write about · 254 as a headwind · 16 as a tailwind
19 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 424 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, the key management indicators and other information for the cumulative first quarter of the current fiscal year reflect the application of these accounting standards.」
The company applied the planned revenue recognition accounting standard from the beginning of the first quarter accounting period on 1 April 2021. As a result, net sales decreased by ¥2,078 million, while operating income, ordinary income and other items decreased by ¥341 million. - FY2019First statedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The company stated that it planned to apply the accounting standards for revenue recognition and other relevant standards from the beginning of the fiscal year ending March 2022, and that it was assessing the impact.