Planned application of the Accounting Standard for Revenue Recognition for the fiscal year ending March 2022
First written in FY2019. 1 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q3.
140 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard"), among other standards, from the beginning of the first quarter of the consolidated fiscal year,」
The company continues to disclose the accounting treatment following the application of the Revenue Recognition Standard from the beginning of the fiscal year ending March 2022 and its impact. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the current fiscal year.」
The company implemented the application of the Revenue Recognition Standard from the beginning of the fiscal year ending March 2022, as planned for FY2019. Although it changed the accounting treatment for sales rebates, sales with rights of return, and transactions involving the provision of materials for a consideration, it stated that there was no impact on operating profit, ordinary profit or other measures. - FY2019First statedAnnual report
「Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 30 March 2018) Implementation Guidance on the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Guidance No. 30, 30 March 2018) 2. Scheduled date of application The standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company planned to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022, with the amount of the impact still under assessment.