Adoption of the Revenue Recognition Standard for the Fiscal Year Ending August 2022
First written in FY2021. 1 of 4 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q3.
83 other companies' latest entry also says "Other".
- FY2022-Q3Updated cumulative revenue reductionAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. As a result, revenue for the nine-month period ended in the third quarter decreased by ¥22,242 million, but there was no impact on operating profit, ordinary profit or quarterly net income attributable to owners of the parent.」
The decrease in revenue for the nine-month period ended in the third quarter resulting from application of the revenue recognition standard was ¥22,242 million, updated from the ¥14,980 million reported for the previous quarter. The company reaffirmed that there was no impact on operating profit or other earnings figures. - FY2022-Q2RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. As a result, revenue for the six-month period ended in the second quarter decreased by ¥14,980 million, but there was no impact on operating profit, ordinary profit or quarterly net income attributable to owners of the parent.」
The company reaffirmed that, following application of the revenue recognition standard, revenue for the six-month period ended in the second quarter decreased by ¥14,980 million, while there was no impact on operating profit or other earnings figures. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 company applied the scheduled Accounting Standard for Revenue Recognition from the beginning of the fiscal year on 1 September 2021. For certain transactions in the e-commerce and telemarketing support business, the company changed to net revenue recognition, reducing revenue by ¥7,136 million, while stating that there was no impact on operating profit or other earnings figures. - FY2021First statedAnnual report
「The scheduled date for applying the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending August 2022.」
The policy of applying the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending August 2022 was first recorded as an accounting treatment topic.