Adoption of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2023-Q2. 2 of 3 entries say "Restated". Latest entry: FY2024.
50 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the current consolidated fiscal year.」
The application of the Revenue Recognition Accounting Standard and other standards continued in the full-year financial statements. - FY2023RestatedAnnual report
「The company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the current consolidated fiscal year.」
The application of the Revenue Recognition Accounting Standard and other standards has continued in the full-year financial statements. - FY2023-Q2First statedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards have been applied from the beginning of the first quarter of the current consolidated 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 other standards from the first quarter beginning 1 March 2022. Revenue related to procurement on an agency basis was changed to net recognition based on the principal-versus-agent assessment, and the company explained that the impact on profit and loss was immaterial.