Preparation for Applying the Revenue Recognition Accounting Standard and Assessment of Its Impact
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: FY2022-Q3.
86 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「In addition, application of the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the Revenue Recognition Standard) and related standards reduced sales for the cumulative third quarter by ¥217,541 thousand, but the impact on profit or loss was immaterial.」
The disclosure reports a ¥217,541 thousand reduction in sales for the cumulative period following application of the Revenue Recognition Standard. Application of the standard itself was completed at the beginning of the first quarter, and this is not a transition to a new stage of application. - FY2022-Q2RestatedAnnual report
「Application of the Revenue Recognition Standard and related standards reduced sales for the cumulative second quarter by ¥134,002 thousand, but the impact on profit or loss was immaterial.」
The disclosure reports a ¥134,002 thousand reduction in sales for the cumulative period following application of the Revenue Recognition Standard. The application itself was completed at the beginning of the previous quarter, and this is not a transition to a new stage of application. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the Revenue Recognition Standard) and related standards from the beginning of the first quarter of the current 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. As a result, sales for the cumulative first quarter decreased by ¥69,561 thousand, but the impact on profit or loss was immaterial.」
The Revenue Recognition Standard, for which preparations for application and an impact assessment had been under way from the beginning of the fiscal year ending March 2022, was actually applied from the beginning of the first quarter of the current fiscal year. The disclosure states that sales decreased by ¥69,561 thousand and that the impact on profit or loss was immaterial. - FY2020RestatedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The disclosure reiterates that the Revenue Recognition Standard was scheduled to be applied from the beginning of the fiscal year ending March 2022 and that the impact was under evaluation. - FY2019RestatedAnnual report
「Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, dated 30 March 2018).」
The disclosure reiterates that the Revenue Recognition Standard was scheduled to be applied from the beginning of the fiscal year ending March 2022 and that the impact was under evaluation. - FY2018First statedAnnual report
「Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, dated 30 March 2018).」
The company states that the accounting standards for revenue recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, and that the impact on the consolidated financial statements was under evaluation.