Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan, 31 March 2020, Accounting Standard No. 29; hereinafter, the "Revenue Recognition Accounting Standard") and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 planned Revenue Recognition Accounting Standard was applied from the beginning of the fiscal year ending March 2022. The timing of revenue recognition for certain products and the gross-versus-net presentation of sales under sell-through arrangements were changed, while the impact on profit or loss and retained earnings at the beginning of the period was minor. - FY2021AdvancedAnnual report
「Scheduled for application from the beginning of the fiscal year ending March 2022. The impact of applying the accounting standard and related requirements is minor.」
The application date for the revenue recognition accounting standard was specified as the beginning of the fiscal year ending March 2022, and the impact was assessed as minor. - FY2018First statedAnnual report
「Scheduled for application from the beginning of the fiscal year ending March 2022.」
The revenue recognition accounting standard was scheduled to be applied from the beginning of the fiscal year ending March 2022, with the impact still under evaluation.