Adoption of IFRS 15
First written in FY2019-Q1. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2020: 2 of 22 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「As a result, net sales for the nine months ended the third quarter increased by ¥156.999 million, cost of sales increased by ¥91.589 million, and operating income, ordinary income, and income before income taxes each increased by ¥65.409 million.」
The impact of the revenue recognition accounting standard adopted from the first quarter on net sales and profit for the nine months ended the third quarter was confirmed. - FY2020ReframedAnnual report
「The US GAAP-applied subsidiaries of the Group have adopted ASC 606, “Revenue from Contracts with Customers,” from the current consolidated fiscal year.」
In addition to the adoption of IFRS 15 reported through the quarter, ASC 606 was adopted by the US GAAP-applied subsidiaries for the full year, increasing net sales and income before income taxes by ¥16.3 million. - FY2019-Q3RestatedAnnual report
「The IFRS-applying subsidiaries of the Company's group have applied IFRS 15 (Revenue from Contracts with Customers) from the first quarter of the current fiscal year. The impact of applying this accounting standard on the consolidated financial statements is immaterial.」
The explanation that IFRS 15 was adopted and had only a minor impact on the consolidated financial statements has continued. - FY2019-Q2RestatedAnnual report
「The IFRS-applying subsidiaries of the Company's group have applied IFRS 15 (Revenue from Contracts with Customers) from the first quarter of the current fiscal year. The impact of applying this accounting standard on the consolidated financial statements is immaterial.」
The explanation that IFRS 15 was adopted and had only a minor impact on the consolidated financial statements has continued. - FY2019-Q1First statedAnnual report
「The IFRS-applying subsidiaries of the Company's group have applied IFRS 15 (Revenue from Contracts with Customers) from the first quarter of the current fiscal year. The impact of applying this accounting standard on the consolidated financial statements is immaterial.」
The IFRS-applying subsidiaries adopted IFRS 15 from the first quarter of the current fiscal year. The impact on the consolidated financial statements is stated to be immaterial.