Preparation to Apply the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2020. 6 of 8 entries say "Restated". Latest entry: FY2024.
95 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the 76th fiscal year. Accordingly, the key management indicators and other figures for the 76th fiscal year and thereafter reflect application of these accounting standards.」
The company continues to apply the Revenue Recognition Accounting Standard and related standards from the beginning of the fiscal year ending March 2022, and has disclosed the current year's key indicators as figures after application of the standards. - FY2023RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the 76th fiscal year. Accordingly, the key management indicators and other figures for the 76th fiscal year and thereafter reflect application of these accounting standards.」
The company continues to apply the Revenue Recognition Accounting Standard and related standards from the beginning of the fiscal year ending March 2022, and has disclosed the current year's indicators as figures after application of the standards. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the current consolidated fiscal year. Accordingly, 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 applied the Revenue Recognition Accounting Standard and related standards, which took effect from the beginning of the fiscal year ending March 2022, throughout the year and disclosed the impacts on revenue, operating profit, ordinary profit and other items. - FY2022-Q3RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized 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. As a result, revenue for the first nine months of the current fiscal year decreased by ¥213,084 thousand, cost of sales decreased by ¥262,054 thousand, operating profit increased by ¥48,971 thousand, non-operating income decreased by ¥59,542 thousand, and both ordinary profit and profit before income taxes for the quarter decreased by ¥10,571 thousand. There was no impact on the opening balance of retained earnings.」
The company continues to apply the Revenue Recognition Accounting Standard and related standards from the beginning of the first quarter of the current fiscal year. For the first nine months, it disclosed impacts including a ¥213,084 thousand decrease in revenue, a ¥48,971 thousand increase in operating profit and a ¥10,571 thousand decrease in ordinary profit. - FY2022-Q2RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized 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 continues to apply the Revenue Recognition Accounting Standard and related standards, which were scheduled for application from the beginning of the fiscal year ending March 2022. For the first six months of the current fiscal year, it disclosed that revenue decreased by ¥162,866 thousand, operating profit increased by ¥19,090 thousand, and ordinary profit and profit before income taxes for the quarter decreased by ¥10,448 thousand. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized 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. As a result, revenue for the first quarter of the current fiscal year decreased by ¥88,377 thousand, cost of sales decreased by ¥85,599 thousand, operating profit decreased by ¥2,778 thousand, non-operating income decreased by ¥7,222 thousand, and both ordinary profit and profit before income taxes for the quarter decreased by ¥10,000 thousand.」
The company actually applied the Revenue Recognition Accounting Standard and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. It also changed its treatment to deduct estimated amounts of sales incentives and other items, not recognize revenue from transactions involving the provision of goods for consideration, and recognize painting information service membership fees as revenue. - FY2021RestatedAnnual report
「The company 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 company continues to plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and to assess the impact. - FY2020First statedAnnual report
「The Accounting Standard for Revenue Recognition and other standards will be applied from the beginning of the fiscal year ending March 2022.」
The company stated for the first time that it plans to apply the revenue recognition accounting standard and related standards from the beginning of the fiscal year ending March 2022, while stating that the impact on the financial statements was still being assessed.