Adoption of the Revenue Recognition Accounting Standard
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2024.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We determine that contracts for machinery manufacturing and machinery installation work are transactions in which the performance obligation is satisfied over a period of time.」
Under the revenue recognition accounting standard, the company has continued to recognize revenue from contracted machinery manufacturing and installation work over time according to the degree of progress. - FY2022RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and related standards from the beginning of the 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 company continued to apply the revenue recognition accounting standard for the full fiscal year and disclosed a ¥153.955 million increase in revenue and a ¥24.008 million increase in operating profit and other profit measures for the fiscal year. - FY2022-Q3RestatedAnnual report
「The company continued to apply the revenue recognition accounting standard and disclosed, for the cumulative third quarter, a ¥179.037 million increase in revenue and a ¥16.928 million increase in operating profit and other profit measures.」
The company continued to apply the revenue recognition accounting standard and disclosed, for the cumulative third quarter, a ¥179.037 million increase in revenue and a ¥16.928 million increase in operating profit and other profit measures. - FY2022-Q2RestatedAnnual report
「We applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards 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 transfers to the customer. As a result, revenue for the cumulative second quarter increased by ¥206.510 million.」
The company disclosed a ¥206.510 million increase in revenue for the cumulative second quarter resulting from the application of the revenue recognition accounting standard from the beginning of the first quarter. - 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 standard, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was applied from the beginning of the current first-quarter consolidated accounting period. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company continues to plan to apply the accounting standard related to revenue recognition from the beginning of the fiscal year ending March 2022. - FY2019RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company continues to plan to apply the accounting standard related to revenue recognition from the beginning of the fiscal year ending March 2022. - FY2018First statedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The accounting standards for revenue recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of their impact on the financial statements was still being assessed at that time.