Application of the Revenue Recognition and Fair Value Measurement Accounting Standards for the Fiscal Year Ending February 2023
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
36 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the current consolidated fiscal year, and recognizes revenue when control of a promised good or service is transferred to a customer, at the amount expected to be received in exchange for the good or service.」
The company applied the revenue recognition accounting standard and related standards, which had been scheduled for the previous fiscal year, from the beginning of the first quarter of the current consolidated fiscal year starting 1 March 2022. It stated that there was no impact on the beginning balance of retained earnings or profit and loss. - FY2022First statedAnnual report
「Scheduled application date for the Accounting Standard for Revenue Recognition and other standards: Applicable from the beginning of the fiscal year ending February 2023.” “Scheduled application date for the Accounting Standard for Fair Value Measurement and other standards: Applicable from the beginning of the fiscal year ending February 2023.」
The company first stated that it planned to apply the revenue recognition standard and fair value measurement standard from the beginning of the fiscal year ending February 2023. It stated that the impact of the revenue recognition standard would be immaterial and that the impact of the fair value measurement standard was under evaluation.