Scheduled adoption of the revenue-recognition accounting standard for FY June 2022
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2022.
16 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the current consolidated fiscal year. Revenue is recognised 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 began applying the Accounting Standard for Revenue Recognition, which had been scheduled for application from the fiscal year ending June 2022. The application resulted in a ¥9.597 million decrease in net sales and a ¥4.398 million decrease in operating profit and other items. - FY2022-Q1AdvancedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The company began applying the Accounting Standard for Revenue Recognition, which had been scheduled for application from the fiscal year ending June 2022. It changed the method of recognizing revenue from construction contracts to methods including recognizing revenue over time, resulting in a ¥9.597 million decrease in net sales and a ¥4.398 million decrease in operating profit and other items. - FY2019RestatedAnnual report
「Scheduled date of application: the standards were scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The company reconfirmed its previous explanation that it planned to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending June 2022. - FY2018First statedAnnual report
「The company was evaluating the impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards as of the date these consolidated financial statements were prepared. Scheduled date of application: the standards were scheduled to be applied from the beginning of the fiscal year ending June 2022.」
The company disclosed that the new accounting standards for revenue recognition were scheduled to be applied from the beginning of the fiscal year ending June 2022 and that the impact was still under evaluation.