Application of the Accounting Standard for Revenue Recognition in the Fiscal Year Ending March 2022
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2022-Q3.
77 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「Because the standards for revenue recognition and other standards were applied, the company has not presented disaggregated information on revenue arising from contracts with customers for the cumulative first 9 months of the previous fiscal year, in accordance with the transitional treatment prescribed in paragraph 28-15 of the Accounting Standard for Quarterly Financial Reporting (Accounting Standards Board of Japan Statement No. 12, 31 March 2020).」
For the standards for revenue recognition applied from the beginning of the first quarter of the current fiscal year, the company has continued their application in the current quarter. As a result of the application, cumulative net sales for the quarter decreased by ¥470.927 million and selling, general and administrative expenses decreased by ¥469.306 million. - FY2022-Q2RestatedAnnual report
「Because the standards for revenue recognition and other standards were applied, the company has not presented disaggregated information on revenue arising from contracts with customers for the cumulative first six months of the previous fiscal year, in accordance with the transitional treatment prescribed in paragraph 28-15 of the Accounting Standard for Quarterly Financial Reporting (Accounting Standards Board of Japan Statement No. 12, 31 March 2020).」
For the standards for revenue recognition applied from the beginning of the first quarter of the current fiscal year, the company has continued to present and disclose the post-application figures in the current quarter. As a result of the application, cumulative net sales for the quarter decreased by ¥316.107 million and selling, general and administrative expenses decreased by ¥313.986 million. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the current first-quarter consolidated accounting period, and now recognize revenue 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 applied the Accounting Standard for Revenue Recognition, 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 began recognizing sales from points redeemed on a net basis and recording points as contract liabilities, reducing net sales by ¥130.030 million and selling, general and administrative expenses by ¥125.676 million. - FY2021RestatedAnnual report
「The standards for revenue recognition and other standards will be applied from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and other standards is currently being assessed.」
The company continues to state that it plans to apply the standards for revenue recognition and other standards from the beginning of the fiscal year ending March 2022 and that the impact is being assessed. - FY2020RestatedAnnual report
「The standards for revenue recognition and other standards will be applied from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and other standards is currently being assessed.」
The company continues to state that it plans to apply the standards for revenue recognition and other standards from the beginning of the fiscal year ending March 2022 and that the impact is being assessed. - FY2019First statedAnnual report
「The standards for revenue recognition and other standards will be applied from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and other standards is currently being assessed.」
The company plans to apply the standards for revenue recognition and other standards from the beginning of the fiscal year ending March 2022 and is assessing the impact on the financial statements.