Application of the Revenue Recognition Accounting Standard and Related Standards in the Fiscal Year Ending February 2023
First written in FY2022. 7 of 9 entries say "Restated". Latest entry: FY2026-H1.
7 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Revenue arising from contracts with customers is disaggregated by customer industry based on management’s judgment, and the relationship between this disaggregated revenue and revenue is as follows. The majority of revenue is recognized over a specified period of up to 6 months.」
Following application of the Revenue Recognition Accounting Standard and related standards, disclosures continue to cover revenue disaggregated by customer industry and revenue recognized over a specified period. - FY2025RestatedAnnual report
「The Group recognizes revenue from contracts with customers by applying the following 5-step process.」
Following application of the Revenue Recognition Accounting Standard and related standards, revenue recognition continues to follow the 5-step process from identifying contracts through satisfying performance obligations, with disclosures disaggregated by industry. - FY2025-H1RestatedAnnual report
「Revenue arising from contracts with customers is disaggregated by customer industry based on management’s judgment, and the relationship between this disaggregated revenue and revenue is as follows. The majority of revenue is recognized over a specified period of up to 6 months.」
Following application of the Revenue Recognition Accounting Standard and related standards, disclosures continue to disaggregate revenue from contracts with customers by industry and recognize it over a specified period. - FY2024RestatedAnnual report
「The company recognizes revenue from contracts with customers by applying the following 5-step process.」
Following application of the Revenue Recognition Accounting Standard and related standards, revenue recognition continues to follow the 5-step process from identifying contracts through satisfying performance obligations. - FY2023RestatedAnnual report
「The company applied the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the 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 transfers to the customer.」
The policy of applying the Revenue Recognition Accounting Standard and related standards from the beginning of the fiscal year ending February 2023 was implemented. Revenue and cost of sales each increased by ¥10 million, with no impact on profit. - FY2023-Q3RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter, and now recognizes revenue 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 Revenue Recognition Accounting Standard and related standards, applied from the beginning of the fiscal year ending February 2023, continued to be applied in the third quarter. Revenue and cost of sales each increased by ¥158 million as a result, with no impact on profit. - FY2023-Q2RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and other standards from the beginning of the first quarter, and now recognizes revenue 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 Revenue Recognition Accounting Standard and related standards, applied from the beginning of the fiscal year ending February 2023, continued to be applied in the second quarter. Revenue and cost of sales each increased by ¥160 million, with no impact on profit. - FY2023-Q1AchievedAnnual report
「The company applied the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter 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 transfers to the customer.」
The planned application of the Revenue Recognition Accounting Standard and related standards from the beginning of the fiscal year ending February 2023 was implemented, changing revenue recognition to a method based on the point at which control transfers. - FY2022First statedAnnual report
「Planned effective date for the Accounting Standard for Revenue Recognition, etc. The company will apply the standard from the beginning of the fiscal year ending February 2023.」
The company has, for the first time, explicitly stated its plan to apply the Japanese GAAP revenue recognition accounting standards and related standards from the beginning of the fiscal year ending February 2023. The amount of the impact is currently under evaluation.