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Media Links (6659) · InitiativeRestated

Adoption of the Revenue Recognition Accounting Standard in 2022

First written in FY2019. 6 of 8 entries say "Restated". Latest entry: FY2025.

8entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2021RestatedFY2022-Q2 – FY20252019: 120192020: 020202021: 320212022: 120222023: 120232024: 120242025: 12025
Same theme, other companies
Assessment of the Impact of Applying the Accounting Standard for Revenue RecognitionA theme 90 companies write about · 1 as a headwind · 0 as a tailwind

64 other companies' latest entry also says "Restated".

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Showing 14 of the 90 companies compared. The sentences above are computed from all 90.
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  1. FY2025RestatedAnnual report

    「The company recognises revenue 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 has continued to apply the accounting treatment based on the Accounting Standard for Revenue Recognition, which was first applied from the fiscal year ending March 2022.
  2. FY2025-H1RestatedAnnual report

    「The company recognises revenue 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 has continued to apply the accounting treatment based on the Accounting Standard for Revenue Recognition, which was first applied from the fiscal year ending March 2022.
  3. FY2023RestatedAnnual report

    「The company recognises revenue 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 has continued to apply the accounting treatment based on the Accounting Standard for Revenue Recognition, which was first applied from the fiscal year ending March 2022.
  4. FY2022-Q3RestatedAnnual report

    「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, issued on 30 March 2018; hereinafter, the “Revenue Recognition Standard”) and related standards have been applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is recognised 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 has continued to apply the Accounting Standard for Revenue Recognition and related standards, which were first applied from the beginning of the first quarter of the consolidated fiscal year. There was no impact on profit or loss for the nine-month period of the fiscal year under review.
  5. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, issued on 30 March 2018; hereinafter, the “Revenue Recognition Standard”) and related standards have been applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is recognised 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 has continued to apply the Accounting Standard for Revenue Recognition and related standards, which were first applied from the beginning of the fiscal year ending March 2022. There was no impact on opening retained earnings or first-half profit or loss.
  6. FY2022-Q1AchievedAnnual report

    「The Company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied in practice. There was no impact on the opening balance of retained earnings or quarterly profit or loss.
  7. FY2021RestatedAnnual report

    「We will apply the standard from the beginning of the fiscal year ending March 2022.」

    The company plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022, and is currently assessing the impact.
  8. FY2019First statedAnnual report

    「We will apply the standard from the beginning of the fiscal year ending March 2022.」

    The company plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022, and is currently assessing the impact on the consolidated financial statements.
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Adoption of the Revenue Recognition Accounting Standard in 2022 | MEDIA LINKS CO.,LTD. (6659) | Komori