Application of the revenue-recognition accounting standard from the fiscal year ending March 2022
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
58 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual 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 Accounting Standard for Revenue Recognition and related standards applied from the beginning of the fiscal year ending March 2022 continued to be applied in the third quarter. - FY2022-Q2RestatedAnnual 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 Accounting Standard for Revenue Recognition and related standards applied from the beginning of the fiscal year ending March 2022 continued to be applied in the second quarter. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and related standards were applied from the beginning of the current first-quarter consolidated accounting period. Revenue was recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services was transferred to the customer.」
The Accounting Standard for Revenue Recognition and related standards, scheduled to be applied from the beginning of the fiscal year ending March 2022, were actually applied from the beginning of the current first-quarter consolidated accounting period. Some transactions in which the Company is the principal are recognized on a net basis as agent transactions. - FY2021First statedAnnual report
「Scheduled date of application of the Accounting Standard for Revenue Recognition and other standards The standards will be applied from the beginning of the fiscal year ending March 2022.」
The Company stated for the first time that it planned to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and that the amount of the impact on the consolidated financial statements was under assessment.