Preparing to Adopt the New Revenue Recognition and Fair Value Measurement Standards
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022.
126 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company applies the Revenue Recognition Standard (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other 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.」
The company continues to apply the Revenue Recognition Standard and related standards for the full fiscal year and disclosed that there was no impact on the opening balance of retained earnings or profit or loss for the fiscal year. - FY2022-Q2RestatedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards from the beginning of the first-quarter consolidated 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 continues to apply the Revenue Recognition Standard and related standards and disclosed that there was no impact on profit or loss for the cumulative second-quarter period. - FY2022-Q1AchievedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the current first-quarter consolidated 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 for revenue recognition and related standards, for which it had disclosed preparations in the previous fiscal year, from the beginning of the first-quarter consolidated accounting period on 1 October 2021. There was no impact on the opening balance of retained earnings or first-quarter profit or loss. - FY2021First statedAnnual report
「Scheduled to be applied from the beginning of the fiscal year ending September 2022.」
The company plans to apply new accounting standards concerning revenue recognition and fair value measurement from the beginning of the fiscal year ending September 2022 and is evaluating the amount of their impact on the consolidated financial statements.