Adopting the revenue recognition accounting standard from the fiscal year ending March 2022
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「The Company adopted 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 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.」
The Company continues to disclose that it applied the accounting standards for revenue recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. The application had no impact on profit or loss for the cumulative third quarter or retained earnings at the beginning of the fiscal year. - FY2022-Q2RestatedAnnual report
「The Company adopted 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 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.」
The Company continues to disclose that it applied the accounting standard for revenue recognition from the beginning of the first quarter of the current consolidated fiscal year. The application had no impact on profit or loss for the cumulative second quarter or retained earnings at the beginning of the fiscal year. - FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The Company applied the previously planned accounting standards for revenue recognition and related standards from 1 April 2021. The application had no impact on profit or loss for the current quarter or retained earnings at the beginning of the fiscal year. - FY2018First statedAnnual report
「(2) Scheduled effective date: The changes will be applied from the beginning of the fiscal year ending March 2022.」
The Company disclosed for the first time that it planned to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022. The amount of the impact was under assessment.