Adoption of the Revenue Recognition Standard From the Fiscal Year Ending March 2022
First written in FY2018. 3 of 8 entries say "Restated". Latest entry: FY2022.
- FY2022Disclosure of the full-year impact of adoptionAnnual report
「As a result, revenue for the fiscal year increased by ¥5.675 million, cost of sales increased by ¥6.866 million, selling, general and administrative expenses decreased by ¥55 thousand, operating profit decreased by ¥1.135 million, and ordinary profit and profit before income taxes for the year each decreased by ¥1.184 million. The opening balance of retained earnings also decreased by ¥2.328 million.」
The Accounting Standard for Revenue Recognition was adopted from the beginning of the fiscal year, and the company specifically disclosed its full-year impact on revenue, expenses, operating profit, ordinary profit and retained earnings. - FY2022-Q3Disclosure of the cumulative third-quarter impact of adoptionAnnual report
「As a result, revenue for the cumulative third quarter increased by ¥861 thousand, cost of sales increased by ¥3.644 million, selling, general and administrative expenses decreased by ¥112 thousand, operating profit decreased by ¥2.669 million, and ordinary profit and profit before income taxes for the quarter each decreased by ¥2.405 million. The opening balance of retained earnings also decreased by ¥2.328 million.」
The company specifically disclosed the impact of the revenue recognition standard on revenue, expenses, operating profit and retained earnings for the cumulative third quarter after adoption. - FY2022-Q2Disclosure of the cumulative second-quarter impact of adoptionAnnual report
「As a result, revenue for the cumulative second quarter increased by ¥2.149 million, cost of sales increased by ¥5.104 million, selling, general and administrative expenses decreased by ¥61 thousand, operating profit decreased by ¥2.893 million, and ordinary profit and profit before income taxes for the quarter each decreased by ¥2.708 million. The opening balance of retained earnings also decreased by ¥2.328 million.」
The company specifically disclosed the impact of the revenue recognition standard on revenue, expenses, operating profit and other items for the cumulative second quarter after adoption. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter accounting period. Accordingly, key management indicators for the cumulative first quarter reflect application of these accounting standards.」
The Accounting Standard for Revenue Recognition and related standards were adopted as scheduled from the beginning of the fiscal year ending March 2022. As a result, revenue for the cumulative first quarter decreased by ¥3.377 million, operating loss increased by ¥1.947 million, and the opening balance of retained earnings decreased by ¥2.328 million. - FY2021RestatedAnnual report
「(2) Planned adoption date The standards will be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standards The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the financial statements is currently being assessed.」
The Accounting Standard for Revenue Recognition and related standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact on the financial statements remains under assessment. - FY2019RestatedAnnual report
「(2) Planned adoption date The standards will be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standards The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the financial statements is currently being assessed.」
The company reconfirmed its plan to adopt the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022, with the impact on the financial statements still under assessment. - FY2019-Q1RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022.」
The first quarterly report contains no change regarding the planned adoption of the Accounting Standard for Revenue Recognition and related standards for the fiscal year ending March 2022. - FY2018First statedAnnual report
「The planned adoption date for the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the financial statements is currently being assessed.」
The Accounting Standard for Revenue Recognition and related standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact on the financial statements is being assessed.