Application of the revenue recognition standard
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「The Revenue Recognition Standard was adopted in accordance with the transitional treatment prescribed in paragraph 84 of the standard. The cumulative effect of applying the new accounting policy retrospectively before the beginning of the first-quarter accounting period was adjusted to retained earnings at the beginning of the period, and the new policy was applied from that opening balance.」
第1四半期会計期間の期首から収益認識会計基準等を適用し、経過的な取扱いにより新たな会計方針を適用する扱いを再確認している。 - FY2022-Q2RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied from the beginning of the first quarter accounting period. 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 is transferred to the customer.」
第1四半期会計期間の期首から収益認識会計基準等を適用し、顧客への支配移転時点で収益を認識する会計方針を再確認している。 - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, dated 31 March 2020) and related standards from the beginning of the first quarter, and began recognizing revenue at the time control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The company adopted the revenue recognition standards from the beginning of the first quarter accounting period and changed to a policy of recognizing revenue when control transfers to the customer, based on the expected consideration.