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Dmw (6365) · PolicyRestated

Revenue Recognition under the Percentage-of-Completion and Completed-Contract Methods

First written in FY2019. 5 of 7 entries say "Restated". Latest entry: 2026-06-04.

7entries
8years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2020RestatedFY2022-Q2 – 2026-06-042019: 120192020: 120202021: 220212022: 120222023: 120232024: 020242025: 020252026: 12026
Same theme, other companies
Recognition of revenue from completed construction contracts under the percentage-of-completion and completed-contract methodsA theme 23 companies write about · 0 as a headwind · 10 as a tailwind

The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.

13 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 23 companies compared. The sentences above are computed from all 23.
Full recordFilings, disclosures and news, newest first
  1. 2026-06-04RestatedGeneral Meetings of Shareholders

    「For these contracts, we determine that the performance obligations are satisfied over a certain period and recognize revenue based on the progress toward satisfaction of the performance obligations. We use an input method based on costs incurred to estimate progress toward satisfaction of the performance obligations.」

    Revenue recognition over time and the input method based on costs incurred have been restated.
  2. FY2023RestatedAnnual report

    「For these contracts, the company determines that performance obligations are satisfied over a specified period and recognizes revenue based on the percentage of completion related to the satisfaction of performance obligations.」

    Even after adopting the revenue recognition accounting standard, the company has reconfirmed its policy of recognizing revenue over a specified period using the input method based on costs incurred.
  3. FY2022-Q3RestatedAnnual report

    「Previously, the percentage-of-completion method was applied to construction contracts for which the certainty of results was recognized for the portion completed, while the completed-contract method was applied to other construction contracts. The company has changed to recognizing revenue over a specified period as performance obligations are satisfied, except for construction contracts with very short terms.」

    Even after adopting the revenue recognition accounting standard, the company has reiterated its policy of recognizing revenue over a specified period as performance obligations are satisfied.
  4. FY2022-Q2RestatedAnnual report

    「Previously, the percentage-of-completion method was applied to construction contracts for which the certainty of results was recognized for the portion completed, while the completed-contract method was applied to other construction contracts. The company has changed to recognizing revenue over a specified period as performance obligations are satisfied, except for construction contracts with very short terms.」

    Even after adopting the revenue recognition accounting standard, the company has reiterated its policy of changing from using the percentage-of-completion and completed-contract methods depending on the contract to recognizing revenue over a specified period as performance obligations are satisfied.
  5. FY2022-Q1ReframedAnnual report

    「Previously, the percentage-of-completion method was applied to construction contracts for which the certainty of results was recognized for the portion completed, while the completed-contract method was applied to other construction contracts. The company has changed to recognizing revenue over a specified period as performance obligations are satisfied, except for construction contracts with very short terms.」

    The company changed from using the percentage-of-completion and completed-contract methods depending on the contract to, in principle, recognizing revenue over a specified period as performance obligations are satisfied. The input method based on costs incurred is used to estimate the percentage of completion.
  6. FY2020RestatedAnnual report

    「The percentage-of-completion method, with progress estimated using the cost-to-cost method, is applied to construction contracts for which the certainty of results is recognized for the portion completed by the end of the current consolidated fiscal year. The completed-contract method is applied to other contracts.」

    The company has reiterated its revenue recognition policy of using the percentage-of-completion and completed-contract methods depending on the contract.
  7. FY2019First statedAnnual report

    「Construction contracts for which the certainty of results is recognized for the portion completed by the end of the current consolidated fiscal year: percentage-of-completion method (progress estimated using the cost-to-cost method) Other construction contracts: completed-contract method」

    The company has included for the first time a policy of applying the percentage-of-completion method to construction contracts for which the certainty of results is recognized, and the completed-contract method to other contracts, as its revenue recognition method for made-to-order production and construction businesses.
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
No upcoming earnings preview for Dmw yet. It last moved in the General Meetings of Shareholders of 2026-06-04: "Restated".
News
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Revenue Recognition under the Percentage-of-Completion and Completed-Contract Methods | DMW CORPORATION (6365) | Komori