Planned 2022 Adoption of the Accounting Standard for Revenue Recognition
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2022-Q2.
90 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The application of the revenue recognition accounting standard and related guidance follows the transitional treatment specified in the proviso to Paragraph 84 of the revenue recognition accounting standard. The cumulative effect of retrospectively applying the new accounting policy to periods before the beginning of the first quarter of the current consolidated fiscal year was added to or deducted from retained earnings at the beginning of that quarter, and the new accounting policy was applied from that opening balance.」
The Group continues to apply the new accounting policy in the second quarter under the revenue recognition standard applied from the beginning of FY2022. - FY2022-Q1AchievedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards from the beginning of the first quarter of the current 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 standard and related standards scheduled for application from the beginning of FY2022 were actually applied from the beginning of the first quarter of the current consolidated fiscal year. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards are scheduled to be applied from the beginning of FY2022.」
The planned application of the revenue recognition standard and related standards from the beginning of FY2022 continues. - FY2020First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards are scheduled to be applied from the beginning of FY2022.」
The Group stated that the revenue recognition standard and related standards were scheduled to be applied from the beginning of FY2022, with the impact on the financial statements still being assessed at this time.