Preparing for adoption of the revenue recognition accounting standard in the fiscal year ending March 2022
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 standard previously scheduled for application from the beginning of the fiscal year ending March 2022 was actually applied from the beginning of the current first-quarter consolidated accounting period. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and the Implementation Guidance on Accounting Standard for Revenue Recognition (Implementation Guidance No. 30, 26 March 2021) are scheduled to apply from the beginning of the fiscal year ending March 2022.」
The company continued to plan to apply the revenue recognition standard and related guidance from the beginning of the fiscal year ending March 2022 and was assessing the impact. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and the Implementation Guidance on Accounting Standard for Revenue Recognition (Implementation Guidance No. 30, 31 March 2020) are scheduled to apply from the beginning of the fiscal year ending March 2022.」
The company continued to state that it planned to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and was assessing the impact. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 30 March 2018) and related standards are scheduled to apply from the beginning of the fiscal year ending March 2022.」
The company planned to apply the new revenue recognition standard and related standards from the beginning of the fiscal year ending March 2022 and was assessing the impact when preparing the financial statements.