Preparing to adopt the new revenue recognition and fair value measurement standards
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
126 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The 'Accounting Standard for Revenue Recognition' (ASBJ Statement No. 29, 31 March 2020; hereinafter, the 'Revenue Recognition Standard') and related standards have been applied from the beginning of the first quarter of the current 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 is transferred to the customer.」
The company continues to apply the Revenue Recognition Standard and the Fair Value Measurement Standard from the beginning of the current fiscal year. The impact of the Revenue Recognition Standard on profit and loss was immaterial, while the Fair Value Measurement Standard had no impact, according to the disclosure. - FY2022-Q2RestatedAnnual report
「The 'Accounting Standard for Revenue Recognition' (ASBJ Statement No. 29, 31 March 2020; hereinafter, the 'Revenue Recognition Standard') and related standards have been applied from the beginning of the first quarter of the current 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 is transferred to the customer.」
The company continues to apply the Revenue Recognition Standard and the Fair Value Measurement Standard from the beginning of the current fiscal year. The impact of the Revenue Recognition Standard on profit and loss for the six months ended the second quarter of the current fiscal year was immaterial, while the Fair Value Measurement Standard had no impact, according to the disclosure. - FY2022-Q1AchievedAnnual report
「The 'Accounting Standard for Revenue Recognition' (ASBJ Statement No. 29, 31 March 2020; hereinafter, the 'Revenue Recognition Standard') and related standards have been applied from the beginning of the first quarter of the current 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 is transferred to the customer. The 'Accounting Standard for Fair Value Measurement' (ASBJ Statement No. 30, 4 July 2019; hereinafter, the 'Fair Value Measurement Standard') and related standards have also been applied from the beginning of the first quarter of the current fiscal year, and the new accounting policies prescribed by the Fair Value Measurement Standard and related standards have been applied prospectively.」
The Revenue Recognition Standard and the Fair Value Measurement Standard were applied from the beginning of the first quarter of the fiscal year ending March 2022, which was the beginning of the fiscal year. The impact of the Revenue Recognition Standard on profit and loss was immaterial, while the Fair Value Measurement Standard had no impact on the quarterly consolidated financial statements, according to the disclosure. - FY2021First statedAnnual report
「The 'Accounting Standard for Revenue Recognition' and the 'Implementation Guidance on the Accounting Standard for Revenue Recognition' are scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact of applying these accounting standards and related guidance is immaterial.」
The company plans to apply the new accounting standards on revenue recognition and fair value measurement from the beginning of the fiscal year ending March 2022, with the impact expected to be immaterial.