Planned Adoption of the Revenue Recognition Standard for the Fiscal Year Ending June 2022
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2022-Q3.
83 other companies' latest entry also says "Other".
- FY2022-Q3Updated the impact of adopting the revenue recognition accounting standardAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, net sales decreased by ¥2,575 million, cost of sales decreased by ¥2,559 million, selling, general and administrative expenses decreased by ¥22 million, and operating income, ordinary income, and profit before income taxes for the quarter each increased by ¥7 million. In addition, the opening balance of retained earnings decreased by ¥25 million.」
The impact for the cumulative third quarter of applying the revenue recognition accounting standard was disclosed as a ¥2,575 million decrease in net sales and a ¥7 million increase in operating income and related figures. - FY2022-Q2RestatedAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, net sales decreased by ¥1,762 million, cost of sales decreased by ¥1,740 million, selling, general and administrative expenses decreased by ¥15 million, and operating income, ordinary income, and profit before income taxes for the quarter each decreased by ¥6 million.」
The impact for the cumulative second quarter of applying the revenue recognition accounting standard was disclosed as a ¥1,762 million decrease in net sales and a ¥6 million decrease in operating income and related figures. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The revenue recognition accounting standard and related guidance were first applied from the beginning of the fiscal year ending June 2022. The methods for recognizing revenue from agency transactions, the diesel fuel acquisition tax, construction contracts, and variable consideration were changed, reducing first-quarter net sales by ¥946 million. - FY2021RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending June 2022.」
The accounting standards and related guidance on revenue recognition are scheduled to be applied from the beginning of the fiscal year ending June 2022, and the amount of the impact is under evaluation. - FY2019First statedAnnual report
「We will apply it from the beginning of the fiscal year ending June 2022.」
The accounting standards and related guidance on revenue recognition are scheduled to be applied from the beginning of the fiscal year ending June 2022, and the amount of the impact on the consolidated financial statements is under evaluation.