Adoption of revenue recognition accounting standards
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.
- FY2022-Q2RestatedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter of the 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 Revenue Recognition Accounting Standard and other standards applied from the first quarter continue to be applied in the current quarter. The Company stated that the impact on the financial statements was immaterial. - FY2022-Q1First statedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter 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. As a result, the impact of applying the accounting standard on the quarterly consolidated financial statements was immaterial.」
The Company applied the Revenue Recognition Accounting Standard and other standards from the beginning of the first quarter of the current consolidated fiscal year, changing the timing of revenue recognition and the presentation method. It stated that the impact on the quarterly consolidated financial statements was immaterial.