Application of the revenue-recognition accounting standard from the fiscal year ending March 2022
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2022.
86 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「As a result, revenue for the current consolidated fiscal year decreased by ¥2,879 million, while cost of sales decreased by the same amount. There was no impact on the opening balance of retained earnings for the current period.」
The Company continues to apply the Revenue Recognition Accounting Standard and related standards adopted from the beginning of the fiscal year ending March 2022. Annual revenue decreased by ¥2,879 million. The Company states that there was no impact on the opening balance of retained earnings. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the cumulative third-quarter consolidated period decreased by ¥2,000 million, while cost of sales decreased by the same amount. There was no impact on the opening balance of retained earnings for the current period.」
The Company continues to apply the Revenue Recognition Accounting Standard and related standards adopted from the beginning of the fiscal year ending March 2022. Revenue for the cumulative third-quarter period decreased by ¥2,000 million. The Company states that there was no impact on the opening balance of retained earnings. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other applicable standards were applied from the beginning of the first quarter of the consolidated fiscal period. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services is transferred to the customer. Following an assessment of whether the Company acts as a principal or an agent, certain transactions in the office automation business were determined to involve the Company acting as an agent, and the revenue recognition method was changed to net presentation.」
The Company continues to apply the Revenue Recognition Accounting Standard and related standards and presents certain transactions in the office automation business on a net basis as an agent. Revenue for the cumulative second-quarter period decreased by ¥1,159 million. - FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the 'Accounting Standard for Revenue Recognition' (ASBJ Statement No. 29, 31 March 2020) and related standards. We 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.」
The planned Accounting Standard for Revenue Recognition and other standards were applied from the beginning of the fiscal year ending March 2022. Following an assessment of principal-versus-agent considerations, certain transactions in the office automation business were presented on a net basis, reducing first-quarter net sales by ¥562 million. - FY2021RestatedAnnual 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 has reconfirmed its plan to apply the accounting standards on revenue recognition and related standards from the beginning of the fiscal year ending March 2022. - FY2019First 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 planned application of the Accounting Standard for Revenue Recognition and other standards from the beginning of the fiscal year ending March 2022 was disclosed for the first time, with the impact on the consolidated financial statements still under assessment.