Consideration of Applying the Accounting Standard for Revenue Recognition
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: FY2023-Q3.
74 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The Company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the "Fair Value Measurement Guidance") from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the Company will apply the new accounting policies prescribed by the guidance prospectively. This has no impact on the quarterly consolidated financial statements.」
The Implementation Guidance on Accounting Standard for Fair Value Measurement, applied from the beginning of FY2023-Q1, continues to be applied, with no impact on the quarterly consolidated financial statements. - FY2022-Q3RestatedAnnual report
「As a result, the impact of applying the Revenue Recognition Accounting Standard and related guidance on profit or loss and retained earnings at the beginning of the fiscal year was immaterial for the cumulative third quarter of the current consolidated fiscal year.」
The impact of the Revenue Recognition Accounting Standard and related guidance, applied from the beginning of FY2022-Q1, on profit or loss and retained earnings at the beginning of the fiscal year remained immaterial in the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「The impact of applying the Revenue Recognition Accounting Standard and related guidance on profit or loss and retained earnings at the beginning of the second quarter of the current consolidated fiscal year was immaterial.」
The impact of the Revenue Recognition Accounting Standard and related guidance, applied from the beginning of FY2022-Q1, on profit or loss and retained earnings at the beginning of the fiscal year remained immaterial in the cumulative second quarter. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the Revenue Recognition Accounting Standard) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 26 March 2021) have been applied from the beginning of the first quarter of the current consolidated fiscal year. 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 is transferred to the customer. Accordingly, revenue from certain equipment for automobile manufacturing, which had previously been recognized at a point in time, is now recognized over a period of time.」
The revenue recognition accounting standards and related guidance, whose adoption timing had been under consideration through FY2019, were applied from the beginning of the current first quarter. For certain equipment for automobile manufacturing, the timing of revenue recognition was changed from a point-in-time method to a method recognizing revenue over a period of time. - FY2019RestatedAnnual report
「The timing of adoption is currently under consideration.」
The timing of adoption of the accounting standards and other guidance on revenue recognition remains under consideration, and the impact on the financial statements is also being assessed. - FY2018First statedAnnual report
「The timing of adoption is currently under consideration.」
The accounting standards and implementation guidance on revenue recognition had not been adopted, the timing of adoption was under consideration, and the impact on the financial statements was being assessed.