Preparation for Adoption of the Revenue Recognition Standard
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
94 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company applies 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 from the beginning 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.」
For the full fiscal year, the company confirmed that it has applied the Accounting Standard for Revenue Recognition and related standards since the beginning of the fiscal year ending January 2023 and recognizes revenue when control transfers. - FY2023-Q3RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related 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 transfers to the customer.」
The company continues to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the fiscal year. - FY2023-Q2RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related 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 transfers to the customer.」
The company reconfirmed that it has continued to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the fiscal year. - FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other applicable standards have been applied 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.」
The planned adoption of the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending January 2023 moved into the implementation phase. The adoption also changed the methods used to recognize revenue and other items. - FY2022First statedAnnual report
「Scheduled date of adoption of the Accounting Standard for Revenue Recognition and related standards: The standards are scheduled to be adopted from the beginning of the fiscal year ending January 2023. … The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is immaterial.」
The company plans to adopt the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending January 2023, and expects the impact on the consolidated financial statements to be immaterial.