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Icom (6820) · InitiativeAchieved

Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022

First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.

4entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY20212019: 120192020: 120202021: 22021
Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 41 companies write about · 0 as a headwind · 0 as a tailwind

21 other companies' latest entry also says "Achieved".

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Showing 14 of the 41 companies compared. The sentences above are computed from all 41.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q1AchievedAnnual report

    「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”), among others, from the beginning of the first quarter of the current consolidated 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 revenue recognition accounting standard, which had been planned for application from FY2019 onward, was applied from the current quarter, the first quarter of the fiscal year ending March 2022. It had no impact on revenue or profit and loss.
  2. FY2021RestatedAnnual report

    「The standards will be applied from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being evaluated.」

    The company continues to state its plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and that the impact is being evaluated.
  3. FY2020RestatedAnnual report

    「The standards will be applied from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being evaluated.」

    The company continues to state its plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and that the impact is being evaluated.
  4. FY2019First statedAnnual report

    「The standards will be applied from the beginning of the fiscal year ending March 2022. The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and related standards is currently being evaluated.」

    This states the plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022 and that the impact on the financial statements is being evaluated.
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Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022 | ICOM INCORPORATED (6820) | Komori