Preparation for Adoption of the Revenue Recognition Standard
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2022-Q1.
16 other companies' latest entry also says "Achieved".
- 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 Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current fiscal year. As a result, net sales decreased by ¥8,310 million, while operating income, ordinary income and quarterly net income before taxes and other adjustments each decreased by ¥34 million. - FY2021RestatedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022 and is assessing the amount of the impact. - FY2021-Q2RestatedAnnual report
「There have been no material changes to the assumptions, including those concerning how the COVID-19 pandemic will spread and when it will subside, described in the "Additional Information (Accounting Estimates Related to the Impact of the Spread of COVID-19)" section of the securities report for the previous fiscal year.」
The company stated that there were no material changes to the assumptions used in accounting estimates concerning the spread of COVID-19 and when it will subside. - FY2020RestatedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022 and continues to assess the amount of the impact. - FY2019First statedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022, and was assessing the amount of the impact as of the date of preparation of the consolidated financial statements.