Application of the Accounting Standard for Revenue Recognition from the fiscal year ending March 2022
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3RestatedAnnual report
「The main change is that, for export sales, revenue was previously recognized when the goods were shipped, whereas it is now recognized when the risks and rewards transfer to the customer based on the trade terms specified in the Incoterms.」
As a specific change following application of the accounting standards for revenue recognition, the company changed the point at which revenue from export sales is recognized from shipment to the point at which the risks and rewards transfer to the customer. The impact is expected to be immaterial. - FY2022-Q1AchievedAnnual report
「Beginning at the start of the cumulative first quarter, we adopted the Accounting Standard for Revenue Recognition and related standards and began recognizing revenue when control of a promised good or service transfers to the customer, at the amount expected to be received in exchange for that good or service.」
For the accounting standards for revenue recognition, the company moved from a planned future application to application from the beginning of the first quarter of the fiscal year ending March 2022. The impact is expected to be immaterial. - FY2021AdvancedAnnual report
「The company will apply the accounting standards for revenue recognition and other related standards from the beginning of the fiscal year ending March 2022. The impact of applying these standards on the consolidated financial statements is expected to be immaterial.」
The company maintains its plan to apply the accounting standards for revenue recognition from the fiscal year ending March 2022 and expects the impact on the consolidated financial statements to be immaterial. - FY2020RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The company plans to apply the accounting standards for revenue recognition and other related standards from the beginning of the fiscal year ending March 2022, and continues to assess the impact. - FY2019RestatedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
We plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and continue to assess the amount of the impact. - FY2018First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the accounting standards for revenue recognition and other related standards from the beginning of the fiscal year ending March 2022, and is currently assessing the impact.