Application of the Revenue Recognition Accounting Standard and Presentation of Contract Assets and Contract Liabilities
First written in FY2022-Q1. 8 of 9 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「The Company’s sales comprise revenue arising from contracts with customers, and information disaggregated by region and by goods or services is as follows.」
The Company continues to apply the Accounting Standard for Revenue Recognition and discloses revenue by region and by sales of finished products and parts and maintenance services. - FY2026-H1RestatedAnnual report
「The Company’s sales comprise revenue arising from contracts with customers, and information disaggregated by region and by goods or services is as follows.」
The Company continues to apply the Accounting Standard for Revenue Recognition and discloses revenue by region and by sales of finished products and parts and maintenance services. - FY2025RestatedAnnual report
「The usual timing at which the Company satisfies its performance obligations relating to revenue arising from contracts with customers can be broadly divided into "sales of finished products and parts," which involves the sale of goods, and "maintenance services," which involves the provision of services,」
The Company continues to apply the Accounting Standard for Revenue Recognition and recognizes revenue separately for sales of finished products and parts and maintenance services. - FY2025-H1RestatedAnnual report
「The Company’s sales comprise revenue arising from contracts with customers, and information disaggregated by region and by goods or services is as follows.」
The Company continues to apply the Accounting Standard for Revenue Recognition and discloses revenue by region and by sales of finished products and parts and maintenance services. - FY2024RestatedAnnual report
「The usual timing at which the Company satisfies its performance obligations relating to revenue arising from contracts with customers can be broadly divided into "sales of finished products and parts," which involves the sale of goods, and "maintenance services," which involves the provision of services,」
The Company continues to apply the Accounting Standard for Revenue Recognition and recognizes revenue separately for sales of finished products and parts and maintenance services. - FY2022RestatedAnnual report
「In addition, the Company has applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the current fiscal year. (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard.")」
The Company continues to disclose that it applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the current fiscal year. - FY2022-Q3RestatedAnnual report
「In addition, the Company has applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter accounting period. (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard.") For details, please refer to "Part IV Financial Information, 1. Quarterly Financial Statements, Notes, Changes in Accounting Policies, Application of the Accounting Standard for Revenue Recognition and Related Standards."」
The Company has reconfirmed that it has applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter accounting period. - FY2022-Q2RestatedAnnual report
「In addition, the Company has applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter accounting period. (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard.")」
The Company continues to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter accounting period and states that there was no impact on profit or loss for the six-month period ended in the second quarter. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and other relevant standards from the beginning of the first quarter. 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 applied the Accounting Standard for Revenue Recognition and related standards from the first quarter accounting period beginning on 1 April 2021. For domestic product sales, the alternative treatment of recognizing revenue at shipment is applied in certain cases. Trade receivables on the balance sheet are presented as trade receivables and contract assets, and advances received are presented as contract liabilities. There was no impact on the opening balance of retained earnings or on profit or loss for the first quarter.