Adoption of the Accounting Standard for Revenue Recognition
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
92 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company and its consolidated subsidiaries apply the Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The policy of applying the revenue recognition standard remains in place. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards were applied from the beginning of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. The application of these standards has no impact on the consolidated financial statements.」
The annual application of the revenue recognition standard and the absence of any impact on the consolidated financial statements have been reconfirmed. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. The application of these standards has no impact on the quarterly consolidated financial statements.」
The application of the revenue recognition standard and the absence of any impact on the financial statements were reconfirmed in the second quarter. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. The application of these standards has no impact on the quarterly consolidated financial statements.」
The Accounting Standard for Revenue Recognition was applied from the first quarter, changing the timing and measurement method for revenue recognition. However, the company stated that this had no impact on the quarterly consolidated financial statements.