Planned Adoption of New Accounting Standards, Including the Revenue Recognition Standard
First written in FY2020. 6 of 8 entries say "Restated". Latest entry: FY2023.
126 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related 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 disclose in FY2023 the post-adoption revenue recognition method under the Accounting Standard for Revenue Recognition applied from the beginning of FY2022. - FY2023-Q1RestatedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 transfers to the customer.」
The Company continues to disclose in the first quarter the post-adoption revenue recognition method under the Accounting Standard for Revenue Recognition applied from the beginning of the fiscal year ending September 2022. - FY2022RestatedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related 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 disclose in its annual report the post-adoption recognition method and presentation changes under the Accounting Standard for Revenue Recognition applied from the beginning of FY2022. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized 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.」
The Company continues to disclose the accounting treatment and revenue recognition method following the application of the Accounting Standard for Revenue Recognition and other standards from the first quarter of the fiscal year ending September 2022. - FY2022-Q2RestatedAnnual report
「Following the application of the Accounting Standard for Revenue Recognition and other standards, “other receivables,” previously presented under “current assets” in the consolidated balance sheet for the previous consolidated fiscal year, have been presented as “other receivables and contract assets” from the first quarter of the current consolidated fiscal year.」
For the Accounting Standard for Revenue Recognition applied from the first quarter of the fiscal year ending September 2022, the Company disclosed in the second quarter the change in presentation to contract assets and the revenue classification and timing of recognition for ¥12,257 million in sales. It stated that there was no impact on the financial statements compared with the previous accounting treatment. - FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 transfers to the customer.」
The Accounting Standard for Revenue Recognition and other standards scheduled for application from the beginning of the fiscal year ending September 2022 were applied from the beginning of the first quarter of the current consolidated fiscal year. The Company disclosed that, compared with the previous accounting treatment, there was no impact on the quarterly consolidated financial statements. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) is scheduled to be applied from the beginning of the fiscal year ending September 2022.」
The Company continues to disclose plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending September 2022. - FY2020First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) is scheduled to be applied from the beginning of the fiscal year ending September 2022.」
The Company disclosed plans to apply new accounting standards, primarily the revenue recognition and fair value measurement standards, from the beginning of the fiscal year ending September 2022, and stated that the impact was under assessment.