Consideration of Applying the Revenue Recognition Accounting Standard and Related Standards for the Fiscal Year Ending March 2022
First written in FY2019. 1 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2022.
83 other companies' latest entry also says "Other".
- FY2022Update on the impact of adoptionAnnual report
「As a result, for the current consolidated fiscal year, net sales decreased by ¥1,020 million, cost of sales by ¥368 million and selling, general and administrative expenses by ¥653 million. Operating profit increased by ¥2 million, non-operating income decreased by ¥5 million and non-operating expenses by ¥6 million, while ordinary profit and profit before income taxes increased by ¥3 million each.」
The Company disclosed the impact of applying the revenue recognition accounting standard and related guidance on annual net sales, expenses and profit. - FY2022-Q3Update on the impact of adoptionAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, net sales decreased by ¥765 million, cost of sales by ¥285 million and selling, general and administrative expenses by ¥484 million. Operating profit increased by ¥3 million, non-operating income and non-operating expenses each decreased by ¥4 million, while ordinary profit and profit before income taxes increased by ¥3 million each.」
The Company updated the impact of applying the revenue recognition accounting standard and related guidance on net sales, expenses and profit for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, net sales decreased by ¥446 million, cost of sales by ¥132 million and selling, general and administrative expenses by ¥324 million. Operating profit increased by ¥9 million, non-operating income decreased by ¥3 million and non-operating expenses by ¥1 million, while ordinary profit and profit before income taxes increased by ¥7 million each.」
The Company disclosed the impact of applying the revenue recognition accounting standard and related guidance on net sales, expenses and profit for the cumulative second quarter from the beginning of the fiscal year ending March 2022. - FY2022-Q1AchievedAnnual report
「The Group adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of 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 actually applied the revenue recognition accounting standard and related guidance from the beginning of the current first-quarter accounting period, after having been considering application from the beginning of the fiscal year ending March 2022. - FY2021AdvancedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The planned application of the revenue recognition accounting standard and related guidance has become more specific, moving from the consideration stage to planned application from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「The Company is considering applying the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022.」
The Company disclosed for the first time that it was considering applying the revenue recognition accounting standard and implementation guidance from the beginning of the fiscal year ending March 2022.