Adoption of the revenue recognition accounting standard from the fiscal year ending March 2022
First written in FY2019. 1 of 7 entries say "Restated". Latest entry: FY2022.
81 other companies' latest entry also says "Other".
- FY2022Update on the impact of adoptionAnnual report
「In the consolidated statement of income for the current consolidated fiscal year, revenue decreased by ¥727 million, cost of sales decreased by ¥15 million, and selling, general and administrative expenses decreased by ¥692 million, while operating income, ordinary income and profit before income taxes for the year each decreased by ¥19 million.」
The company updated its disclosure of the impact of the Revenue Recognition Standard, applied from the beginning of the fiscal year ending March 2022, on annual cumulative revenue, SG&A expenses and income. - FY2022-Q3Update on the impact of adoptionAnnual report
「As a result, revenue for the cumulative third quarter decreased by ¥466 million, cost of sales increased by ¥2 million, and selling, general and administrative expenses decreased by ¥493 million, while operating income, ordinary income and profit before income taxes for the quarter each increased by ¥24 million.」
The company continued to apply the Revenue Recognition Standard and updated its disclosure of the impact on revenue, SG&A expenses, operating income and other items for the cumulative third quarter. - FY2022-Q2Update on the impact of adoptionAnnual report
「As a result, revenue for the cumulative second quarter decreased by ¥279 million, cost of sales decreased by ¥0 million, and selling, general and administrative expenses decreased by ¥287 million, while operating income, ordinary income and profit before income taxes for the quarter each increased by ¥9 million.」
The company continued to apply the Revenue Recognition Standard from the beginning of the fiscal year ending March 2022 and specifically disclosed its impact on revenue, SG&A expenses and income for the cumulative second quarter. - FY2022-Q1AchievedAnnual report
「The company has 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 standards from the beginning of the first quarter of the current fiscal year. As a result, revenue for the cumulative first quarter decreased by ¥145 million, cost of sales increased by ¥1 million, and selling, general and administrative expenses decreased by ¥153 million, while operating income, ordinary income and profit before income taxes for the quarter each increased by ¥5 million.」
The company applied the Revenue Recognition Standard from the beginning of the fiscal year ending March 2022 and disclosed the impact of application on revenue and other items. - FY2021AdvancedAnnual report
「The impact of adopting the relevant accounting standard and other standards was immaterial.」
The company maintained its plan to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and stated that the impact of application was expected to be immaterial. - FY2020RestatedAnnual report
「The new standard was scheduled to be applied from the beginning of the fiscal year ending March 2022. Revenue is recognized by applying the following 5 steps.」
The company continued to state its plan to apply the accounting standard on revenue recognition from the beginning of the fiscal year ending March 2022 and its 5-step recognition process. The impact of application continued to be assessed. - FY2019First statedAnnual report
「The new standard was scheduled to be applied from the beginning of the fiscal year ending March 2022. Revenue is recognized by applying the following 5 steps.」
The company stated that it planned to apply the new accounting standard on revenue recognition from the beginning of the fiscal year ending March 2022 and described the 5-step recognition process from identifying a contract through satisfying performance obligations.