Adoption of the revenue recognition accounting standard from the fiscal year ending March 2022
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2022.
127 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied from the beginning of the current consolidated fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The annual report confirms that the application of the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 continued. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied from the beginning of the first quarter of the current consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The application of the accounting standards for revenue recognition and related standards from the beginning of the first-quarter consolidated accounting period continued in the third quarter. The company states that there was no impact on profit or loss. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other standards have been applied from the beginning of the first quarter of the current consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The application of the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 continued in the second quarter. The company states that there was no impact on profit or loss for the current quarter. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and other standards were applied from the beginning of the current first quarter consolidated accounting period. 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.」
Application of the accounting standards for revenue recognition and related standards began at the start of the fiscal year ending March 2022. For contract construction, performance obligations satisfied over time are now recognized based on the degree of progress, and the company states that there was no impact on profit or loss for the current quarter. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and other standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company stated that it planned to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and that the impact on the financial statements was under assessment.