Transition to new accounting standards for revenue recognition and fair value measurement
First written in FY2021. 4 of 6 entries say "Restated". Latest entry: FY2023.
131 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards from the beginning 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 continues to apply the new accounting standards for revenue recognition and other standards in the full-year financial statements. - FY2022RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards from the beginning 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 continues to apply the revenue recognition standards and other standards that had been scheduled for adoption in the previous fiscal year and adopted at the quarterly stage in the full-year financial statements. - FY2022-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the company has applied the Accounting Standard for Revenue Recognition and other standards.」
The company reconfirms that the new accounting standard for revenue recognition has already been applied from the first quarter of the current consolidated fiscal year. - FY2022-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the company has applied the Accounting Standard for Revenue Recognition and other standards.」
The company reconfirms that the new accounting standard for revenue recognition has already been applied from the first quarter of the current consolidated fiscal year. - FY2022-Q1AchievedAnnual report
「From the first quarter of the current consolidated fiscal year, the company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards. It also applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter of the current consolidated fiscal year, with no impact on the quarterly consolidated financial statements.」
The new accounting standards for revenue recognition and fair value measurement that had been scheduled for adoption in the previous fiscal year were adopted from the beginning of the first quarter of the current fiscal year. The company states that they had no impact on the financial statements. - FY2021First statedAnnual report
「Scheduled adoption date: The standards will be adopted from the beginning of the fiscal year ending March 2022. The company is currently assessing the impact of adopting the Accounting Standard for Revenue Recognition and other standards on the consolidated financial statements.」
The company planned to adopt the Accounting Standard for Revenue Recognition, the Accounting Standard for Fair Value Measurement and other standards from the beginning of the fiscal year ending March 2022, and was assessing their impact on the financial statements.