Adoption of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「Following application of the Revenue Recognition Accounting Standard and related standards, “advances received,” which had been presented under “current liabilities” on the consolidated balance sheet for the previous consolidated fiscal year, has been presented from the first-quarter consolidated accounting period as included in “advances received” and “contract liabilities.”」
The application of the Revenue Recognition Accounting Standard and related standards from the first-quarter consolidated accounting period, together with the presentation change involving advances received and contract liabilities, continues. - FY2022-Q2RestatedAnnual report
「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 were applied from the beginning of the first-quarter consolidated accounting period. 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 application of the accounting standard had no impact on the quarterly consolidated financial statements.」
The Revenue Recognition Accounting Standard and related standards, which were planned for application from the beginning of the fiscal year ending March 2022, continue to be applied, and the company states that there was no impact on the quarterly consolidated financial statements. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The accounting standards for revenue recognition and related standards, which were planned for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the current first-quarter consolidated accounting period. The company states that there was no impact on the quarterly consolidated financial statements. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company has reconfirmed its plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company has for the first time stated a plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022.