Future Application of the Revenue Recognition Accounting Standard
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「For these sales, revenue is recognized mainly when the goods or products are delivered and the customer obtains control of them.」
Following adoption of the revenue recognition accounting standards, the Company continues to recognize revenue based on the timing of transfer of control, shipment or customer acceptance. - FY2022-Q3RestatedAnnual 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.」
The Company applied the accounting standards and other guidance for revenue recognition from the beginning of the first-quarter accounting period and continues to recognize revenue when control is transferred to the customer. - 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.」
The Company applied the accounting standards and other guidance for revenue recognition from the beginning of the first-quarter accounting period and continues to recognize revenue when control is transferred to the customer. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; the "Revenue Recognition Standard") and related standards 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 transfers to the customer.」
The Company applied the accounting standards and other guidance for revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, from the beginning of the first-quarter accounting period. It also changed the presentation of online processing fees from home improvement centers and other items to deductions from net sales. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The Company continues to state that it plans to apply the accounting standards and other guidance for revenue recognition from the beginning of the fiscal year ending March 2022. The impact is currently being assessed. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The Company continues to state that it plans to apply the accounting standards and other guidance for revenue recognition from the beginning of the fiscal year ending March 2022 and is assessing the impact. - FY2018First statedAnnual report
「The revenue recognition accounting standard and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The Company plans to apply the accounting standards and implementation guidance for revenue recognition from the beginning of the fiscal year ending March 2022 and is currently assessing the impact on the financial statements.