Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ending March 2022
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
85 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, net sales for the nine-month period ended with the current third quarter decreased by ¥300 million, and cost of sales decreased by ¥300 million. There was no impact on operating profit, ordinary profit, profit before income taxes, or the opening balance of retained earnings.」
The company has continued applying the Accounting Standard for Revenue Recognition and disclosed decreases of ¥300 million each in net sales and cost of sales, while stating that there was no impact on profit. - FY2022-Q2RestatedAnnual report
「As a result, net sales for the six-month period ended with the current second quarter decreased by ¥136 million, and cost of sales decreased by ¥136 million. There was no impact on operating profit, ordinary profit, profit before income taxes, or the opening balance of retained earnings.」
The company has continued applying the Accounting Standard for Revenue Recognition and disclosed decreases of ¥136 million in both net sales and cost of sales. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were adopted from the beginning of the current first quarter consolidated accounting 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.」
The company actually applied the Accounting Standard for Revenue Recognition from the beginning of the first-quarter accounting period, as planned from the beginning of the fiscal year ending March 2022. For some product sales and licensing arrangements, fees and other amounts are recognized on a net basis. - FY2021RestatedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact is under assessment as of the preparation of these consolidated financial statements.」
The company planned to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022 and continued to assess the impact. - FY2019First statedAnnual report
「Scheduled application date: the standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact was under assessment when these consolidated financial statements were prepared.」
The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022, with the impact currently under evaluation.