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Towa (6315) · InitiativeAchieved

Application of the Accounting Standard for Revenue Recognition from the Fiscal Year Ending March 2022

First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY20212018: 120182019: 120192020: 020202021: 22021
Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 55 companies write about · 0 as a headwind · 0 as a tailwind

28 other companies' latest entry also says "Achieved".

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Showing 14 of the 55 companies compared. The sentences above are computed from all 55.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1AchievedAnnual 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 Standard") and other standards from the beginning of the current first quarter of the consolidated accounting period, and began recognizing revenue 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 Accounting Standard for Revenue Recognition, scheduled for application from the beginning of the fiscal year ending March 2022, was applied from the beginning of the first quarter consolidated accounting period. There was no impact on profit or loss or retained earnings at the beginning of the period.
  2. FY2021RestatedAnnual report

    「(2) Scheduled date of application The standards will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards and other standards The impact of applying the Accounting Standard for Revenue Recognition and other standards on the consolidated financial statements is immaterial.」

    The company maintained its plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and stated that the impact on the consolidated financial statements would be immaterial.
  3. FY2019RestatedAnnual report

    「Scheduled effective date: To be applied from the beginning of the fiscal year ending March 2022.」

    The Company maintained its plan to apply the accounting standards and other guidance concerning revenue recognition from the beginning of the fiscal year ending March 2022, with the impact still under assessment.
  4. FY2018First statedAnnual report

    「The Accounting Standard for Revenue Recognition and related guidance will be applied from the beginning of the fiscal year ending March 2022.」

    The company first stated that it planned to apply the new revenue recognition accounting standards and other standards from the beginning of the fiscal year ending March 2022.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Towa's next results are scheduled for 2026-11-06. Read the earnings preview
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