Planned Adoption of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「The accounting standard for revenue recognition (Accounting Standards Board of Japan Accounting Standard No. 29, 31 March 2020) and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. As a result, during the cumulative third quarter, net sales decreased by ¥1,922 million, while operating income, ordinary income and profit before income taxes decreased by ¥290 million each.」
The impact of applying the accounting standard for revenue recognition during the cumulative period is disclosed as a ¥1,922 million decrease in net sales and a ¥290 million decrease in operating income and other items. - FY2022-Q2RestatedAnnual report
「As a result, during the cumulative second quarter of the current fiscal year, net sales decreased by ¥1,353 million, cost of sales by ¥1,162 million, and selling, general and administrative expenses by ¥15 million. Operating income, ordinary income and profit before income taxes decreased by ¥174 million each. The opening balance of retained earnings increased by ¥77 million.」
The specific impact of applying the accounting standard for revenue recognition on net sales, profit and other items for the cumulative period is disclosed. - FY2022-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Key management indicators for the six months ended 30 June reflect application of these standards.」
The accounting standard for revenue recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year. - FY2019RestatedAnnual report
「The revenue-recognition accounting standard and related standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
The plan to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022 is reiterated. - FY2018First statedAnnual report
「The “Accounting Standard for Revenue Recognition” and related standards will be applied beginning at the start of the fiscal year ending March 2032.」
Discloses the planned adoption of the new revenue-recognition accounting standard and related guidance from the beginning of the fiscal year ending March 2022.