Application of IFRS 15 by Overseas Consolidated Subsidiaries
First written in FY2019-Q1. 2 of 4 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2019.
The whole theme swung hardest in 2020: 4 of 25 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2019AdvancedAnnual report
「As a result, for the current consolidated fiscal year, net sales decreased by ¥1,302.311 million, cost of sales decreased by ¥41.652 million, and selling, general and administrative expenses decreased by ¥1,267.339 million. Gross profit consequently decreased by ¥1,260.658 million, while operating income, ordinary income, and income before income taxes increased by ¥6.680 million each.」
The company specifically disclosed the full-year impact on the consolidated financial statements of applying IFRS 15 to the overseas consolidated subsidiary. - FY2019-Q3AdvancedAnnual report
「As a result, for the nine-month period of the current consolidated fiscal year, net sales decreased by ¥645.310 million, cost of sales decreased by ¥46.824 million, and selling, general and administrative expenses decreased by ¥598.486 million.」
The company specifically disclosed the impact on consolidated profit and loss of applying IFRS 15 to the overseas consolidated subsidiary. - FY2019-Q2RestatedAnnual report
「The company's overseas consolidated subsidiary has applied IFRS 15, Revenue from Contracts with Customers, from the first quarter of the current consolidated fiscal year. The impact of applying the accounting standard on the group's consolidated financial statements is immaterial.」
The application of IFRS 15 by the overseas consolidated subsidiary and its immaterial impact on the consolidated financial statements have been reiterated. - FY2019-Q1First statedAnnual report
「The company's overseas consolidated subsidiary has applied IFRS 15, Revenue from Contracts with Customers, from the first quarter of the current consolidated fiscal year. The impact of applying the accounting standard on the group's consolidated financial statements is immaterial.」
The company newly disclosed that its overseas consolidated subsidiary had applied IFRS 15 from the first quarter of the current consolidated fiscal year and that the impact on the consolidated financial statements was immaterial.