Application of the accounting standard for revenue recognition
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the consolidated fiscal year. Revenue is now 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.」
It continued applying the revenue recognition accounting standard. During the current fiscal year, revenue decreased by ¥425.275 million, while ordinary profit and other items increased by ¥46.143 million. - FY2022-Q3Updated the impact of applicationAnnual report
「As a result, during the cumulative third quarter of the current consolidated fiscal year, revenue decreased by ¥14.561 million, cost of sales decreased by ¥49.116 million, selling, general and administrative expenses decreased by ¥5.463 million, operating profit increased by ¥40.018 million, non-operating expenses decreased by ¥30.784 million, and ordinary profit and profit before income taxes increased by ¥70.803 million each.」
It continued applying the revenue recognition accounting standard. During the cumulative third quarter period, revenue decreased by ¥14.561 million, while operating profit increased by ¥40.018 million and ordinary profit and other items increased by ¥70.803 million. - FY2022-Q2RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter, and now recognize revenue at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
It continued applying the revenue recognition accounting standard, including changes such as recognizing revenue upon delivery of goods, recognizing revenue based on the progress of construction, and recognizing net amounts for transactions as an agent. During the cumulative second quarter period, operating profit and other items increased by ¥32.903 million. - FY2022-Q1AchievedAnnual report
「We have applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year.」
The revenue recognition accounting standards and related guidance that were scheduled to be applied from the beginning of the fiscal year ending March 2022 were actually applied from the beginning of the first quarter of the current consolidated fiscal year. As a result, revenue increased by ¥485.655 million and operating profit, ordinary profit and other items increased by ¥48.671 million during the quarter. - FY2021RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company continued to plan to apply the accounting standards and related guidance for revenue recognition from the beginning of the fiscal year ending March 2022. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
It continues to state plans to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending March 2022. - FY2018First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
For the first time, it stated plans to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending March 2022.