Adoption of revenue recognition accounting standards
First written in FY2022-Q2. 1 of 2 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「The financial statements for the 17th through 21st fiscal years were prepared in accordance with the Regulations Concerning Terminology, Forms and Preparation Methods of Financial Statements and Other Documents (Ordinance of the Ministry of Finance No. 59 of 1963), and were audited by Deloitte Touche Tohmatsu LLC pursuant to Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act.」
Financial figures after the application of the revenue recognition accounting standard and related standards continue to be disclosed, with no new changes regarding the application of the accounting standards indicated. - FY2022-Q2First statedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were 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.」
The company applied the revenue recognition accounting standard and other related standards from the beginning of the first quarter, and explained that there was no impact on profit or loss for the cumulative second quarter.