Application of the Accounting Standard for Revenue Recognition to the Fiscal Year Ending November 2022
First written in FY2018. 5 of 8 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Cited as achieved".
- FY2023Cited as achievedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards from the beginning of the 108th fiscal year. Accordingly, the key management indicators and other figures for the 108th fiscal year and thereafter reflect application of those standards.」
The company re-stated, in the notes to its key management indicators, that it applied the revenue recognition accounting standard from the beginning of the 108th fiscal year as a matter implemented in the past. - FY2022-Q3RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the 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 transfers to the customer. Accordingly, consideration paid to customers, such as sales incentives, which was previously recorded in selling, general and administrative expenses and non-operating expenses, is now deducted from the transaction price. As a result, for the cumulative third quarter of the current consolidated fiscal year, net sales decreased by ¥13,813 thousand, selling, general and administrative expenses decreased by ¥13,702 thousand, and non-operating expenses decreased by ¥110 thousand. There was no impact on ordinary income or quarterly net income before income taxes.」
For the revenue recognition accounting standard applied from the first quarter, the company disclosed the change in the treatment of sales incentives and similar items and the impact for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the 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 transfers to the customer. Accordingly, consideration paid to customers, such as sales incentives, which was previously recorded in selling, general and administrative expenses and non-operating expenses, is now deducted from the transaction price. As a result, for the cumulative second quarter of the current consolidated fiscal year, net sales decreased by ¥9,471 thousand, selling, general and administrative expenses decreased by ¥9,382 thousand, and non-operating expenses decreased by ¥89 thousand. There was no impact on ordinary income or quarterly net income before income taxes.」
For the revenue recognition accounting standard applied from the first quarter, the company disclosed the change in the treatment of sales incentives and similar items and the specific impact on net sales and other items. - FY2022-Q1AchievedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current consolidated fiscal year.」
The company has begun applying the revenue recognition accounting standard and related standards as planned from the beginning of the first quarter of the current consolidated fiscal year. It changed its treatment of sales incentives and similar items to deduct them from the transaction price, and disclosed the resulting impact on net sales and other items. - FY2021RestatedAnnual report
「The company will apply the standard from the beginning of the fiscal year ending November 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」
The company plans to apply the revenue recognition accounting standard and related standards from the beginning of the fiscal year ending November 2022, and continues to assess the impact. - FY2020RestatedAnnual report
「The company will apply the standard from the beginning of the fiscal year ending November 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」
The company plans to apply the revenue recognition accounting standard and related standards from the beginning of the fiscal year ending November 2022, with the impact still under assessment. - FY2019RestatedAnnual report
「The company will apply the standard from the beginning of the fiscal year ending November 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」
The company plans to apply the revenue recognition accounting standard and related standards from the beginning of the fiscal year ending November 2022, with the impact on the financial statements continuing to be assessed. - FY2018First statedAnnual report
「The company will apply the standard from the beginning of the fiscal year ending November 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being assessed.」
The company indicated plans to apply the revenue recognition accounting standard and related standards from the beginning of the fiscal year ending November 2022, with the impact on the financial statements still under assessment.