Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
94 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards have been applied 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 is transferred to the customer. There is no impact on the quarterly financial statements.」
The accounting policy of applying the Revenue Recognition Standard from the beginning of the first quarter accounting period, with no impact on the quarterly financial statements, has been reconfirmed. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards have been applied 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 is transferred to the customer. There is no impact on the quarterly financial statements.」
The policy of applying the Revenue Recognition Standard from the beginning of the first quarter accounting period, with no impact on the quarterly financial statements, has been reconfirmed. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards have been applied 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 is transferred to the customer. There is no impact on the quarterly financial statements.」
The Revenue Recognition Standard and other standards were applied from the first quarter accounting period beginning 1 April 2021, and an accounting policy of recognizing revenue when control is transferred to the customer was adopted. It has been disclosed that there is no impact on the quarterly financial statements.