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Nippon Crucible (5355) · InitiativeAnnual impact of the revenue recognition accounting standard disclosed

Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ending March 2022

First written in FY2018. 2 of 6 entries say "Restated". Latest entry: FY2022.

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ProgressHeldSoftenedWorseRestatedFY2018 – FY20202018: 120182019: 120192020: 120202021: 120212022: 22022
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Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 424 companies write about · 254 as a headwind · 16 as a tailwind

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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 424 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022Annual impact of the revenue recognition accounting standard disclosedAnnual report

    「As a result, compared with the previous accounting treatment, net sales for the consolidated fiscal year increased by ¥17.095 million, while cost of sales increased by ¥12.545 million. Operating income, ordinary income and profit before income taxes each increased by ¥4.549 million.」

    The revenue recognition accounting standard was applied from the beginning of the fiscal year, and the company disclosed an annual increase of ¥17.095 million in net sales and ¥4.549 million in operating income and other items as a result.
  2. FY2022-Q3Cumulative impact of applying the revenue recognition accounting standard disclosedAnnual report

    「As a result, compared with the previous accounting treatment, net sales for the nine-month period of the third quarter of the consolidated fiscal year increased by ¥48.370 million, while cost of sales increased by ¥38.482 million. Operating income, ordinary income and profit before income taxes each increased by ¥9.888 million.」

    The company disclosed that application of the revenue recognition accounting standard from the first quarter increased nine-month net sales by ¥48.37 million and operating income and other items by ¥9.888 million.
  3. FY2022-Q1AchievedAnnual report

    「Beginning at the start of the cumulative first quarter, we adopted the Accounting Standard for Revenue Recognition and related standards and began recognizing revenue when control of a promised good or service transfers to the customer, at the amount expected to be received in exchange for that good or service.」

    The existing plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 entered the implementation stage, and the methods for recognizing revenue from product sales and contract work were changed. As a result of the application, quarterly net sales increased by ¥66.370 million and operating income and other items increased by ¥15.912 million.
  4. FY2020RestatedAnnual report

    「We will apply it from the beginning of the fiscal year ending March 2022.」

    Reconfirms the planned application of the accounting standard and related guidance on revenue recognition from the beginning of the fiscal year ending March 2022.
  5. FY2019RestatedAnnual report

    「We will apply it from the beginning of the fiscal year ending March 2022.」

    The company reiterated its plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022.
  6. FY2018First statedAnnual report

    「The standard will be applied from the beginning of the fiscal year ending March 2022.」

    The company plans to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and is currently assessing the impact on the financial statements.
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Nippon Crucible's next results are scheduled for 2026-11-05. Read the earnings preview
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