Adoption of the Revenue Recognition Standard and Related Standards
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
16 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and other relevant standards from the beginning of the first-quarter consolidated accounting period. 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 policy of applying the accounting standards for revenue recognition from the beginning of the first-quarter consolidated accounting period continues, and the impact on earnings for the nine months ended the third quarter of the current fiscal year was stated to be immaterial. - FY2023-Q2RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter, and now recognize revenue at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The policy of applying the accounting standards for revenue recognition from the beginning of the first-quarter consolidated accounting period continues. The impact on earnings for the six months ended the second quarter of the current fiscal year was stated to be immaterial. - FY2023-Q1First statedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the 'Accounting Standard for Revenue Recognition' (ASBJ Statement No. 29, 31 March 2020) and related standards. We now recognize revenue 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 standards for revenue recognition from the beginning of the first-quarter consolidated accounting period and changed its method for recognizing revenue from export sales to recognize revenue when the risks and rewards transfer to the customer in accordance with the applicable trade terms. The impact on earnings was stated to be immaterial.