Preparing to Apply the Accounting Standard for Revenue Recognition
First written in FY2018. 1 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2022.
- FY2022Full-Year Impact UpdateAnnual report
「As a result, compared with before retrospective application, net sales, operating income and non-operating expenses in the consolidated income statement for the previous consolidated fiscal year each decreased by ¥33 million.」
The impact of the retrospective application of the revenue recognition standard on the previous consolidated fiscal year has been disclosed as a ¥33 million decrease in each of net sales, operating income and non-operating expenses. - FY2022-Q3Update to the impact of retrospective applicationAnnual report
「As a result, compared with before retrospective application, net sales and operating income for the cumulative first nine months of the previous consolidated fiscal year each decreased by ¥25 million.」
The disclosed impact of the retrospective application of the revenue recognition standard on net sales and operating income for the cumulative third quarter of the previous year has been updated to ¥25 million. - FY2022-Q2Disclosure of the impact of retrospective applicationAnnual report
「As a result, compared with before retrospective application, net sales and operating income for the cumulative first six months of the previous consolidated fiscal year each decreased by ¥15 million.」
In connection with the application of the revenue recognition standard, sales discounts are deducted from net sales, and the ¥15 million impact on net sales and operating income for the cumulative second quarter of the previous year has been disclosed. - FY2022-Q1AchievedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter of the current consolidated fiscal year. This has had no impact on the quarterly consolidated financial statements.」
The company states that it applied the Accounting Standard for Revenue Recognition and other relevant standards from 1 April 2021, with no impact on the quarterly consolidated financial statements. - FY2021AdvancedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other related standards: The standards will be applied from the beginning of the fiscal year ending March 2022. The impact of applying the Accounting Standard for Revenue Recognition and other related standards on the consolidated financial statements is immaterial.」
The planned application of the revenue recognition standard from the beginning of the fiscal year ending March 2022 has been specified, and the impact on the consolidated financial statements is expected to be immaterial. - FY2018First statedAnnual report
「Scheduled adoption date for the “Accounting Standard for Revenue Recognition” and related standards: adoption from the beginning of the fiscal year ending March 2022.」
The Company plans to apply the new accounting standards on revenue recognition and other related standards from the beginning of the fiscal year ending March 2022, and is currently assessing the impact.