Adoption of Revenue Recognition and Fair Value Measurement Standards
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
125 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied 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 is transferred to the customer.」
The Company continues to apply the Revenue Recognition Standard adopted from the beginning of the first quarter. - FY2022-Q2RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied 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 is transferred to the customer.」
The Company continues to apply the Revenue Recognition Standard adopted from FY2022-Q1 and states that it had no effect on profit or loss for the six months ended the second quarter or retained earnings at the beginning of the year. - FY2022-Q1First statedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the first quarter of the current 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. The Company also applied the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other standards from the beginning of the first quarter of the current fiscal year.」
The Revenue Recognition Standard, the Fair Value Measurement Standard and other standards were applied from the beginning of the first quarter of the current fiscal year. The Company states that applying the Revenue Recognition Standard had no effect on quarterly profit or loss or retained earnings at the beginning of the year, and that applying the Fair Value Measurement Standard had no effect on the quarterly financial statements.