JMACS Japan (5817) · InitiativeAchieved
Preparation for adopting the revenue recognition accounting standard in the fiscal year ending February 2023
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
2entries
2years
0from disclosures
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Same theme, other companies
Adoption of the Accounting Standard for Revenue Recognition for the Fiscal Year Ending February 2023 (Immaterial Impact)A theme 25 companies write about · 2 as a headwind · 1 as a tailwind
10 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 25 companies compared. The sentences above are computed from all 25.Full recordFilings, disclosures and news, newest first
- FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter accounting period. Accordingly, key management indicators for the cumulative first quarter reflect application of these accounting standards.」
The Company began applying the revenue recognition accounting standard, which it had previously identified as part of its preparations for adoption from the beginning of the fiscal year ending February 2023, from the beginning of the current first quarter accounting period. - FY2021First statedAnnual report
「They will be applied from the beginning of the fiscal year ending February 2023.」
For the accounting standards and other requirements concerning revenue recognition, the Company has disclosed for the first time that it plans to apply them from the beginning of the fiscal year ending February 2023. The impact of the application on the consolidated financial statements is under assessment.