Application of the revenue recognition standard from the fiscal year ending March 2022
First written in FY2018. 2 of 7 entries say "Restated". Latest entry: FY2022.
82 other companies' latest entry also says "Other".
- FY2022Finalization of the Annual Impact of AdoptionAnnual report
「As a result, compared with the previous accounting treatment, net sales and cost of sales for the fiscal year each decreased by ¥209.143 million, but there was no impact on operating profit, ordinary profit or profit before income taxes for the fiscal year.」
The revenue recognition standard was applied for the full fiscal year. Net sales and cost of sales each decreased by ¥209.143 million, but the company disclosed that there was no impact on profit or the beginning balance of retained earnings carried forward. - FY2022-Q3Impact updated for the nine months ended the third quarterAnnual report
「As a result, compared with the previous accounting treatment, net sales and cost of sales for the nine months ended the third quarter each decreased by ¥204.663 million, but there was no impact on operating profit, ordinary profit or profit before income taxes for the quarter. There was also no impact on the beginning balance of retained earnings.」
Following adoption of the revenue recognition standard, net sales and cost of sales for the nine months ended the third quarter each decreased by ¥204.663 million, but the company disclosed that there was no impact on profit or the beginning balance of retained earnings. - FY2022-Q2Impact disclosed for the six months ended the second quarterAnnual report
「As a result, compared with the previous accounting treatment, net sales and cost of sales for the six months ended the second quarter each decreased by ¥138.189 million, but there was no impact on operating profit, ordinary profit or profit before income taxes for the quarter. There was also no impact on the beginning balance of retained earnings.」
Following adoption of the revenue recognition standard, net sales and cost of sales for the six months ended the second quarter each decreased by ¥138.189 million, but the company disclosed that there was no impact on profit. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the current first-quarter accounting period. 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 is transferred to the customer.」
The revenue recognition standard, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was applied from the beginning of the current first-quarter accounting period. Transactions for which the company acts as an agent were changed to net presentation, reducing net sales and cost of sales by ¥81.120 million each, with no impact on profit. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The amount of the impact on the financial statements from applying the Accounting Standard for Revenue Recognition and related standards is currently being evaluated.」
The company continues to state that it plans to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and is evaluating the impact on the financial statements. - FY2019RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The amount of the impact on the financial statements from applying the Accounting Standard for Revenue Recognition and related standards is currently being evaluated.」
The company continues to plan to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and is evaluating the impact on the financial statements. - FY2018First statedAnnual report
「The standards on revenue recognition and related guidance will be applied from the beginning of the fiscal year ending March 2022.」
The company disclosed for the first time that it planned to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending March 2022.