Adoption of Accounting Standards for Revenue Recognition
First written in FY2022-Q1. 6 of 7 entries say "Restated". Latest entry: FY2024.
4 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company has applied the Revenue Recognition Standard (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of fiscal year 43. The figures for fiscal years 41 and 42 reflect retrospective application of these standards.」
The company continues to disclose the application of the Revenue Recognition Standard and its retrospective application to comparative information. - FY2024-Q3RestatedAnnual report
「The company has applied the Revenue Recognition Standard (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of fiscal year 43. The figures for the third quarters of fiscal years 41 and 42 reflect retrospective application of these standards.」
The company continues to disclose the application of the Revenue Recognition Standard and its retrospective application to comparative information. - FY2024-Q2RestatedAnnual report
「The company has applied the Revenue Recognition Standard (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of fiscal year 43. The figures for the second quarters of fiscal years 41 and 42 reflect retrospective application of these standards.」
The company continues to disclose the application of the Revenue Recognition Standard and its retrospective application to comparative information. - FY2024-Q1RestatedAnnual report
「The company has applied the Revenue Recognition Standard (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of fiscal year 43. The figures for the first quarters of fiscal years 41 and 42 reflect retrospective application of these standards.」
The company continues to disclose the application of the Revenue Recognition Standard and its retrospective application to comparative information. - FY2022-Q3RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards. 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.」
The company continues to disclose the application of the Revenue Recognition Standard and the change in the presentation of sales incentives and sales promotion expenses. - FY2022-Q2RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards. 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.」
The company continues to disclose the application of the Revenue Recognition Standard and the change in the presentation of sales incentives and sales promotion expenses. - FY2022-Q1First statedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized 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. Accordingly, sales incentives previously recorded in selling, general and administrative expenses are deducted from net sales, while part of sales promotion expenses is included in cost of sales.」
The accounting standard for revenue recognition was applied from 1 April 2021, changing the presentation of sales incentives and sales promotion expenses. Comparative information uses figures after retrospective application.