Initial Application of ASC 606 by Subsidiaries Applying U.S. GAAP
First written in FY2020-Q1. 3 of 4 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020.
0 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「Compared with the previous method, revenue for the current consolidated fiscal year increased by ¥633.256 million, selling, general and administrative expenses decreased by ¥107.587 million, and operating loss, ordinary loss and loss before income taxes decreased by ¥740.843 million each.」
An overseas subsidiary applying U.S. GAAP applied ASC 606 for the full fiscal year, definitively disclosing its impact on revenue, selling, general and administrative expenses, and each loss item. - FY2020-Q3AchievedAnnual report
「Compared with the previous method, revenue for the nine-month period of the current consolidated fiscal year increased by ¥398.888 million, selling, general and administrative expenses decreased by ¥89.665 million, and operating loss, ordinary loss and loss before income taxes decreased by ¥488.553 million each.」
The impact of ASC 606 for the nine-month period was updated, with specific effects on revenue, selling, general and administrative expenses, and each loss item disclosed. - FY2020-Q2AchievedAnnual report
「An overseas subsidiary applying U.S. GAAP has adopted ASC 606, “Revenue from Contracts with Customers,” from the first-quarter consolidated accounting period.」
ASC 606 was adopted, increasing beginning retained earnings by ¥430.716 million. Compared with the previous method, revenue for the six months ended the second quarter increased by ¥518.586 million, while operating loss and other losses decreased by ¥540.708 million. - FY2020-Q1First statedAnnual report
「An overseas subsidiary applying U.S. GAAP has adopted ASC 606, “Revenue from Contracts with Customers,” from the current first-quarter consolidated accounting period.」
An overseas subsidiary applying U.S. GAAP began applying ASC 606 and disclosed its impact on beginning retained earnings, notes and accounts receivable, and deferred revenue, among other items.