Application of revenue recognition and fair value measurement accounting standards from the following fiscal year
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
131 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 reiterated that it had applied the Revenue Recognition Accounting Standard from the beginning of the first-quarter consolidated accounting period of the fiscal year ending March 2022. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 reiterated that it had applied the Revenue Recognition Accounting Standard from the beginning of the first-quarter consolidated accounting period of the fiscal year ending March 2022. - FY2022-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the current first-quarter consolidated accounting period. Accordingly, revenue is recognised 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 Company applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and related standards from the beginning of the current first-quarter consolidated accounting period. In accordance with the transitional treatment prescribed in Paragraph 19 of the Fair Value Measurement Accounting Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards are being applied prospectively.」
The Company applied the revenue recognition and fair value measurement accounting standards, which had been scheduled for application from the following fiscal year, from the beginning of the first quarter of the fiscal year ending March 2022. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards, and the Accounting Standard for Fair Value Measurement and related standards, will be applied from the beginning of the fiscal year ending March 2022.」
The Company stated for the first time that it planned to apply the revenue recognition and fair value measurement accounting standards from the beginning of the fiscal year ending March 2022. The impact of adoption is expected to be immaterial.