Adoption of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022-Q2.
94 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The application of the revenue recognition accounting standards and related guidance follows the transitional treatment stipulated in the proviso to Paragraph 84 of the Accounting Standard for Revenue Recognition. The cumulative impact of retrospectively applying the new accounting policy before the beginning of the first quarter of the current fiscal year was added to or deducted from retained earnings at the beginning of the first quarter, and the new accounting policy has been applied from that opening balance. The impact of applying the revenue recognition accounting standards and related guidance on profit or loss for the six months ended the second quarter of the current fiscal year and opening retained earnings is immaterial.」
States that the revenue recognition accounting standards and related guidance applied from the beginning of FY2022-Q1 continue to be applied, with an immaterial impact on profit or loss for the six months ended the second quarter and opening retained earnings. - FY2022-Q1AchievedAnnual report
「The Company applied 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 consolidated 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 revenue recognition accounting standards and related guidance, which were scheduled to be applied from the beginning of the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current fiscal year. Product sales and contracted construction work under the same contract are treated as a single performance obligation, with revenue recognized over time. The impact is immaterial. - FY2021RestatedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
Reiterates that the revenue recognition accounting standards and related guidance are scheduled to be applied from the beginning of the fiscal year ending March 2022, with the impact still under assessment. - FY2019First statedAnnual report
「Accounting Standard for Revenue Recognition and Guidance on Accounting Standard for Revenue Recognition / Scheduled to be applied from the beginning of the fiscal year ending March 2022.」
Plans to apply the revenue recognition accounting standards and related guidance from the beginning of the fiscal year ending March 2022, with the impact of adoption still under assessment.