Preparation for Applying the Revenue Recognition Accounting Standard in the Fiscal Year Ending March 2022
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
86 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, compared with the previous accounting treatment, net sales for the nine months ended 31 December 2021 decreased by ¥45 million, cost of sales increased by ¥2 million, and operating income, ordinary income and profit before income taxes decreased by ¥48 million each.」
The specific impact of the Accounting Standard for Revenue Recognition, applied from the beginning of the fiscal year ending March 2022, on net sales, profit and other items for the nine months ended 31 December is described. - FY2022-Q2RestatedAnnual report
「Compared with the previous accounting treatment, net sales for the six months ended 30 September 2021 decreased by ¥235 million, cost of sales decreased by ¥82 million, and operating income, ordinary income and profit before income taxes decreased by ¥152 million each. In addition, accounts receivable decreased by ¥991 million, inventories increased by ¥142 million, and other current liabilities increased by ¥57 million due to liabilities related to transactions involving the provision of consideration. Furthermore, the opening balance of retained earnings decreased by ¥523 million.」
The specific impact of the Accounting Standard for Revenue Recognition, applied from the beginning of the fiscal year ending March 2022, on net sales, profit and other items for the six months ended 30 September is described. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the cumulative first-quarter period, and now recognize revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
Application of the Accounting Standard for Revenue Recognition and related standards began at the start of the fiscal year ending March 2022. As a result, net sales and operating income, among other items, for the current quarter decreased by ¥130 million and ¥75 million, respectively, and the opening balance of retained earnings decreased by ¥523 million. - FY2020RestatedAnnual report
「We will apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022. The impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is currently being assessed.」
The Accounting Standard for Revenue Recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact continued to be assessed. - FY2018First statedAnnual report
「We will apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022. The impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is currently being assessed.」
The Accounting Standard for Revenue Recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact on the financial statements was under assessment.