Planned Adoption of the Accounting Standard for Revenue Recognition
First written in FY2018. 3 of 5 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2022.
- FY2022AchievedAnnual report
「As a result, the beginning balance of retained earnings for the current consolidated fiscal year decreased by ¥79.167 million. Net sales decreased by ¥13.854 million, cost of sales decreased by ¥47.130 million, and operating income, ordinary income, and profit before income taxes increased by ¥33.276 million each.」
The Accounting Standard for Revenue Recognition was applied for the full year, and the amounts of its impact on beginning retained earnings, net sales, cost of sales, and profit were disclosed. - FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related 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 transfers to the customer.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption by the previous fiscal year, were applied from the beginning of the first quarter of the fiscal year ending March 2022. The company changed to a method of recognizing revenue over a specified period for maintenance and other services. - FY2020RestatedAnnual report
「Scheduled to apply from the beginning of the fiscal year ending March 2022.」
The Accounting Standard for Revenue Recognition and related standards were scheduled to apply from the beginning of the fiscal year ending March 2022, with the amount of the impact still under evaluation. - FY2019-Q1AchievedAnnual report
「We have applied the partial revision of the “Accounting Standard for Tax Effect Accounting” (Accounting Standard No. 28, dated 16 February 2018) and related standards from the beginning of the first quarter of the fiscal year.」
The accounting standards for tax effect accounting and related standards, which had been scheduled for adoption in the previous fiscal year, were applied from the beginning of the first quarter consolidated accounting period. - FY2018First statedAnnual report
「It is scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company stated that the Accounting Standard for Revenue Recognition and related implementation guidance were scheduled to apply from the beginning of the fiscal year ending March 2022, with the amount of the impact still under evaluation.