Ishizuka Glass (5204) · InitiativeAchieved
Preparation for Future Application of the Revenue Recognition Accounting Standard
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.
3entries
5years
0from disclosures
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Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2023A theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2023-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard 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 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 standard for revenue recognition, which had been scheduled for adoption from the beginning of the fiscal year ending March 2023, was actually adopted from the beginning of the first quarter of the fiscal year. - FY2020RestatedAnnual report
「Scheduled for application from the beginning of the fiscal year ending March 2023.」
The policy of applying the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2023 and evaluating the impact of its adoption was reaffirmed. - FY2018First statedAnnual report
「Scheduled to apply from the beginning of the fiscal year ending March 2023.」
The company plans to adopt the accounting standards for revenue recognition and related standards prospectively, and is evaluating the impact.