Preparation for Application of the Revenue Recognition Accounting Standard in the Fiscal Year Ending July 2022
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022-Q2.
- FY2022-Q2AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 actually adopted the Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending July 2022, from the beginning of the first quarter consolidated accounting period. The impact on the financial statements was considered immaterial. - FY2021RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and related standards To be adopted from the beginning of the fiscal year ending July 2022.」
The Company reconfirmed that it plans to adopt the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending July 2022 and is assessing the impact. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be adopted from the beginning of the fiscal year ending July 2022.」
The Company reconfirmed that it plans to adopt the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending July 2022 and is assessing the impact. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be adopted from the beginning of the fiscal year ending July 2022.」
The Company plans to adopt the new accounting standards on revenue recognition and related standards from the beginning of the fiscal year ending July 2022, and stated that it is currently assessing the impact.