Planned adoption of the revenue recognition accounting standards for the fiscal year ending July 2022
First written in FY2019. 9 of 11 entries say "Restated". Latest entry: FY2024-Q3.
- FY2024-Q3RestatedAnnual report
「Revenue from satisfaction of the performance obligation to deliver equipment is presented as “equipment delivery revenue,” while revenue from satisfaction of the performance obligation to provide services related to equipment installation, including installation, start-up and adjustment, is presented as “equipment acceptance revenue.” Revenue from parts sales and modification and maintenance services is presented as “services and other revenue.”」
Following adoption of the revenue recognition standards, the company continues to recognize and disclose revenue separately for equipment delivery, equipment acceptance, parts sales, and modification and maintenance services. - FY2024-Q2RestatedAnnual report
「Revenue from satisfaction of the performance obligation to deliver equipment is presented as “equipment delivery revenue,” while revenue from satisfaction of the performance obligation to provide services related to equipment installation, including installation, start-up and adjustment, is presented as “equipment acceptance revenue.” Revenue from parts sales and modification and maintenance services is presented as “services and other revenue.”」
Following adoption of the revenue recognition standards, the company continues to recognize and disclose revenue separately for equipment delivery, equipment acceptance, parts sales, and modification and maintenance services. - FY2024-Q1RestatedAnnual report
「Revenue from satisfaction of the performance obligation to deliver equipment is presented as “equipment delivery revenue,” while revenue from satisfaction of the performance obligation to provide services related to equipment installation, including installation, start-up and adjustment, is presented as “equipment acceptance revenue.” Revenue from parts sales and modification and maintenance services is presented as “services and other revenue.”」
Following adoption of the revenue recognition standards, the company continues to recognize and disclose revenue separately for equipment delivery, equipment acceptance, parts sales, and modification and maintenance services. - FY2023-Q3RestatedAnnual report
「Revenue from satisfaction of the performance obligation to deliver equipment is presented as “equipment delivery revenue,” while revenue from satisfaction of the performance obligation to provide services related to equipment installation, including installation, start-up and adjustment, is presented as “equipment acceptance revenue.” Revenue from parts sales and modification and maintenance services is presented as “services and other revenue.”」
Following adoption of the revenue recognition standards, the company continues to recognize and disclose revenue separately for equipment delivery, equipment acceptance, parts sales, and modification and maintenance services. - FY2023-Q2RestatedAnnual report
「Revenue from satisfaction of the performance obligation to deliver equipment is presented as “equipment delivery revenue,” while revenue from satisfaction of the performance obligation to provide services related to equipment installation, including installation, start-up and adjustment, is presented as “equipment acceptance revenue.” Revenue from parts sales and modification and maintenance services is presented as “services and other revenue.”」
Following adoption of the revenue recognition standards, the company continues to recognize and disclose revenue separately for equipment delivery, equipment acceptance, parts sales, and modification and maintenance services. - FY2023-Q1RestatedAnnual report
「Disaggregated information on revenue arising from contracts with customers Information on revenue disaggregated by geographical region and by products and services is as follows.」
Following adoption of the revenue recognition standards, the company continues to recognize and disclose revenue separately for equipment delivery, equipment acceptance and services. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the cumulative third quarter increased by ¥191,977 thousand, cost of sales increased by ¥232,602 thousand, and operating income, ordinary income and profit before income taxes for the quarter each increased by ¥93,815 thousand.」
The company disclosed that, following continued application of the revenue recognition standards, operating income and other items increased by ¥93,815 thousand for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「In sales of manufacturing equipment for semiconductor and other electronic components, revenue had previously been recognized upon shipment for domestic sales and upon completion of export customs clearance for export sales. Following the adoption, the delivery of the equipment and the provision of services related to its installation, including installation, start-up and adjustment, were identified as separate performance obligations, and revenue is recognized when each performance obligation is satisfied.」
The company continues to apply the revenue recognition standards, recognizing the delivery of equipment and services including installation, start-up and adjustment as separate performance obligations. The resulting increase in operating income and other items for the cumulative second quarter was ¥83,929 thousand. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the current fiscal year.」
The revenue recognition standards and related guidance, which had been scheduled for adoption from the beginning of the fiscal year ending July 2022, were applied from the beginning of the first quarter of the current fiscal year. The delivery of equipment and services including installation, start-up and adjustment were identified as separate performance obligations, and revenue from the services is recognized upon acceptance. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending July 2022. The impact on the financial statements is currently being assessed.」
The company continues to state that it plans to apply the revenue recognition standards and related guidance from the beginning of the fiscal year ending July 2022 and is assessing the impact on the financial statements. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending July 2022. The impact on the financial statements is currently being assessed.」
The company plans to apply the revenue recognition standards and related guidance from the beginning of the fiscal year ending July 2022 and is assessing the impact on the financial statements.