Application of the Revenue Recognition Standard from FY2022
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025.
99 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) and other standards have been applied from the beginning of the 97th fiscal year. Accordingly, the key management indicators and other figures for the 97th fiscal year onward reflect application of these accounting standards.」
The accounting standard for revenue recognition applied from the beginning of the fiscal year ended March 2022 continues to apply to the key indicators and revenue recognition for FY2025. - FY2022-Q3AdvancedAnnual report
「As a result, for the nine-month period ended the current third quarter, revenue decreased by ¥16.653 million, selling, general and administrative expenses by ¥8.366 million, operating income by ¥8.287 million and non-operating expenses by ¥7.130 million. Ordinary income and profit before income taxes decreased by ¥1.156 million each. The opening balance of retained earnings also decreased by ¥1.319 million.」
Specific impacts on revenue, operating income, ordinary income and other items for the nine-month period were disclosed for the accounting standard for revenue recognition applied from the first quarter. - FY2022-Q2AdvancedAnnual report
「As a result, for the six-month period ended the current second quarter, revenue decreased by ¥10.277 million, selling, general and administrative expenses by ¥4.893 million, operating income by ¥5.383 million and non-operating expenses by ¥4.287 million. Ordinary income and profit before income taxes decreased by ¥1.096 million each. The opening balance of retained earnings also decreased by ¥1.319 million.」
Specific impacts on revenue, operating income, ordinary income and other items for the six-month period were disclosed for the accounting standard for revenue recognition applied from the first quarter. - FY2022-Q1AchievedAnnual report
「Beginning at the start of the cumulative first quarter, we adopted the Accounting Standard for Revenue Recognition and related standards and began recognizing revenue when control of a promised good or service transfers to the customer, at the amount expected to be received in exchange for that good or service.」
The accounting standard for revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was applied from the beginning of the first quarter of the current fiscal year. - FY2018First statedAnnual report
「The “Accounting Standard for Revenue Recognition” and other standards will be applied from the beginning of the fiscal year ending March 2022. The impact of their application on the consolidated financial statements is currently being assessed.」
The new accounting standard for revenue recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022, and its impact on the financial statements is being assessed.