Application of IFRS 15 by Overseas Consolidated Subsidiaries
First written in FY2019-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2020: 2 of 22 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer.」
The company continues to disclose the application of revenue recognition accounting standards and other standards from the first quarter, including at its overseas subsidiaries. - FY2019-Q3RestatedAnnual report
「The company has applied IFRS 15, Revenue from Contracts with Customers, to its overseas consolidated subsidiaries from the first quarter. The impact of applying this accounting standard on the quarterly consolidated financial statements is immaterial.」
The company continues to disclose the application of IFRS 15 at its overseas consolidated subsidiaries and the immaterial impact on the quarterly consolidated financial statements. - FY2019-Q2RestatedAnnual report
「The company has applied IFRS 15, Revenue from Contracts with Customers, to its overseas consolidated subsidiaries from the first quarter. The impact of applying this accounting standard on the quarterly consolidated financial statements is immaterial.」
The company continues to disclose the application of IFRS 15 at its overseas consolidated subsidiaries and the immaterial impact on the quarterly consolidated financial statements. - FY2019-Q1First statedAnnual report
「The company has applied IFRS 15, Revenue from Contracts with Customers, to its overseas consolidated subsidiaries from the first quarter of the current fiscal year. The impact of applying this accounting standard on the quarterly consolidated financial statements is immaterial.」
The company began applying IFRS 15 at its overseas consolidated subsidiaries, but states that the impact on the quarterly consolidated financial statements is immaterial.