Adoption of the revenue recognition standard from the fiscal year ending March 2022
First written in FY2021. 4 of 6 entries say "Restated". Latest entry: FY2025.
85 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other relevant standards have been applied from the beginning of the 96th fiscal year. Key management indicators and other metrics for the 96th fiscal year and subsequent periods reflect application of those standards.」
The company continued to disclose indicators based on application of the Accounting Standard for Revenue Recognition. - FY2023RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other relevant standards have been applied from the beginning of the 96th fiscal year. Key management indicators and other metrics for the 96th fiscal year and subsequent periods reflect application of those standards.」
The company continued applying the Accounting Standard for Revenue Recognition from the beginning of the 96th fiscal year and disclosed FY2023 key indicators based on the post-application figures. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, revenue decreased by ¥186.345 million and selling, general and administrative expenses decreased by ¥179.691 million during the first three quarters of the current consolidated cumulative period, while operating income, ordinary income and income before income taxes decreased by ¥6.654 million each. The opening balance of retained earnings also decreased by ¥6.877 million.」
For the Accounting Standard for Revenue Recognition applied from the beginning of the fiscal year ending March 2022, the company disclosed the effects on revenue, selling, general and administrative expenses, profit and retained earnings for the first three quarters. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, revenue decreased by ¥123.237 million and selling, general and administrative expenses decreased by ¥116.848 million during the first two quarters of the current consolidated cumulative period, while operating income, ordinary income and income before income taxes decreased by ¥6.389 million each. The opening balance of retained earnings also decreased by ¥6.877 million.」
For the Accounting Standard for Revenue Recognition applied from the beginning of the fiscal year ending March 2022, the company disclosed the cumulative second-quarter effects on revenue, selling, general and administrative expenses and profit. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and other relevant standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. As a result, revenue decreased by ¥63.939 million and selling, general and administrative expenses decreased by ¥57.439 million during the first quarter of the current consolidated cumulative period, while operating income, ordinary income and income before income taxes decreased by ¥6.500 million each. The opening balance of retained earnings also decreased by ¥6.877 million.」
The planned application of the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the fiscal year ending March 2022 moved into the implementation phase, and the resulting effects on revenue, selling, general and administrative expenses, retained earnings and other items were recorded as actual results. - FY2021First statedAnnual report
「The company plans to apply the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the fiscal year ending March 2022. The cumulative effect of applying the Accounting Standard for Revenue Recognition and other relevant standards will be reflected in net assets at the beginning of the following consolidated fiscal year, and the opening balance of retained earnings is expected to decrease by ¥6.877 million.」
The company plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022 and expects a cumulative effect of ¥6.877 million on opening retained earnings.