Otani Kogyo (5939) · InitiativeAchieved
Application of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
3entries
3years
0from disclosures
How it moved
Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 65 companies write about · 0 as a headwind · 0 as a tailwind
36 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 65 companies compared. The sentences above are computed from all 65.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual 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 application of the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, which had been scheduled for FY2019 and FY2021, was implemented from the beginning of the current first quarter accounting period. There was no change from the previous recognition method, and there was no impact on profit or loss for the quarter or retained earnings at the beginning of the period. - FY2021RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 continues. - FY2019First statedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The Company indicated plans to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and stated that the impact on the financial statements was being assessed at that time.