Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ended March 2023
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
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- FY2023-Q3RestatedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “revenue recognition accounting standard”) and related standards 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 company reconfirms that it applied the accounting standard for revenue recognition from the beginning of the first quarter of the current consolidated fiscal period and that the impact of its application on the quarterly consolidated financial statements was immaterial. - FY2023-Q2RestatedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “revenue recognition accounting standard”) and related standards 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 company reconfirms that it applied the accounting standard for revenue recognition from the beginning of the first quarter of the current consolidated fiscal period and that the impact of its application was immaterial. - FY2023-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the Revenue Recognition Accounting Standard) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, 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 company applied the accounting standard for revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2023, from the beginning of the first quarter of the current consolidated fiscal period. It states that the impact of the application on the financial statements was immaterial. - FY2022RestatedAnnual report
「(2) Scheduled date of application The standard is scheduled to be applied from the beginning of the fiscal year ending March 2023. (3) Impact of applying the accounting standard and related guidance The amount of the impact is being assessed as of the preparation of these consolidated financial statements.」
The company reconfirms its previous policy of planning to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2023 and assessing the impact. - FY2021First statedAnnual report
「“Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) ……(2) Scheduled date of application: The standard is scheduled to be applied from the beginning of the fiscal year ending March 2023. (3) Impact of applying the accounting standard and related guidance: The amount of the impact is being assessed as of the preparation of these consolidated financial statements.」
The company describes for the first time that it plans to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending March 2023 and is assessing the impact on its financial statements.