Application of the Revenue Recognition Accounting Standards and Related Guidance
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company's principal business is the manufacture, sale and leasing of products in the pyrotechnics business. 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.」
Revenue recognition upon transfer of control in accordance with the Revenue Recognition Standard and other relevant standards is being continued. - FY2023RestatedAnnual report
「The Company's principal business is the manufacture, sale and leasing of products in the pyrotechnics business. 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.」
Revenue recognition upon transfer of control in accordance with the Revenue Recognition Standard and other relevant standards is being continued throughout the fiscal year. - FY2022RestatedAnnual report
「The Group applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the 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 transfers to the customer.」
The application of the Revenue Recognition Standard and other relevant standards has been continued throughout the fiscal year, with no impact on profit or loss for the current fiscal year or the beginning balance of retained earnings. - FY2022-Q3RestatedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter accounting period. 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 application of the Revenue Recognition Standard and other relevant standards is being continued, with no impact on profit or loss for the current nine-month period or the beginning balance of retained earnings. - FY2022-Q1First statedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other relevant standards from the beginning of the current first quarter accounting period. 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. In addition, the Company applies the alternative treatment prescribed in paragraph 98 of the Implementation Guidance on Accounting Standard for Revenue Recognition and recognizes revenue upon shipment for domestic sales of goods or products when the period from shipment until control of the goods or products is transferred to the customer is a normal period.」
The Company applied the Revenue Recognition Standard and other relevant standards from the beginning of the current first quarter accounting period. While revenue is generally recognized when control is transferred, the alternative treatment of recognizing revenue upon shipment was adopted for domestic sales when the period is a normal one. There was no impact on profit or loss or beginning retained earnings.