Taisei Lamick Group Head Quarter & Innovation (4994) · InitiativeAchieved
Preparation for Applying the Revenue Recognition Standard in the Fiscal Year Ending March 2022
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
対応 to the 2022 Adoption of the Revenue Recognition Accounting StandardA theme 625 companies write about · 16 as a headwind · 2 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 625 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Revenue Recognition and related standards and will recognize revenue 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 accounting standards for revenue recognition, which had previously been scheduled for application, were actually applied from the beginning of the first-quarter consolidated accounting period. The presentation category for sales discounts was changed, but the impact on revenue and operating profit is described as immaterial. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Guidance on Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 30 March 2018) are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022, with the amount of the impact still under assessment as of the preparation of the financial statements.