Application of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
92 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the current consolidated fiscal year. 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.」
Full-year application of the revenue recognition accounting standards and other standards, which began at the start of the fiscal year ending March 2022, and the policy of recognizing revenue when control transfers were confirmed. - FY2022-Q3RestatedAnnual report
「As a change in accounting policy, the Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the current fiscal year.」
The accounting policy of applying the revenue recognition accounting standards and other standards from the beginning of the first quarter of the current fiscal year continues. - FY2022-Q2RestatedAnnual report
「As a change in accounting policy, the Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the current fiscal year.」
The accounting policy of applying the revenue recognition accounting standard from the beginning of the first quarter of the current fiscal year continued in the second quarter. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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.」
Application of the revenue recognition accounting standards and other standards, scheduled to begin at the start of the fiscal year ending March 2022, was commenced. The impact was described as immaterial. - FY2021First statedAnnual 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 policy of applying the new revenue recognition standards from the beginning of the fiscal year ending March 2022 was disclosed for the first time, with the amount of the impact still under assessment.