Adoption of the Revenue Recognition and Fair Value Measurement Accounting Standards for the Fiscal Year Ending March 2022
First written in FY2021. 7 of 11 entries say "Restated". Latest entry: FY2026-H1.
14 other companies' latest entry also says "Other".
- FY2026-H1Revenue disaggregation disclosure, with sockets included in OtherAnnual report
「The product category "sockets," which was presented separately in the previous interim consolidated accounting period, is included in "Other" in the current interim consolidated accounting period because it has become immaterial. The comparative information on disaggregated revenue arising from contracts with customers has been prepared and disclosed based on the product categories used in the current interim consolidated accounting period.」
While continuing to disclose revenue by market and product category under the Accounting Standard for Revenue Recognition, the Company presented sockets under Other in its disaggregated revenue information because they had become immaterial. - FY2025RestatedAnnual report
「The Company and its consolidated subsidiaries recognize revenue based on the 5-step approach set out below.」
The Company continues to recognize revenue under the 5-step approach based on the Accounting Standard for Revenue Recognition adopted at the beginning of the fiscal year ending March 2022 and to disclose revenue by market and product category. - FY2024-Q2RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
Based on the Accounting Standard for Revenue Recognition adopted at the beginning of the fiscal year ending March 2022, the Company continues to disclose disaggregated revenue information by market and product category. - FY2024-Q1RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
Based on the Accounting Standard for Revenue Recognition adopted at the beginning of the fiscal year ending March 2022, the Company continues to disclose disaggregated revenue information by market and product category in the current quarter. - FY2023-Q3RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
Based on the Accounting Standard for Revenue Recognition adopted at the beginning of the fiscal year ending March 2022, the Company continues to disclose disaggregated revenue information by market and product category in the current quarter. - FY2023-Q2RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
Based on the Accounting Standard for Revenue Recognition adopted at the beginning of FY2022, the Company continues to disclose disaggregated revenue information by market and product category in the current quarter. - FY2023-Q1RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The Company continues to apply the Accounting Standard for Revenue Recognition, adopted at the beginning of FY2022, in the current quarter. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning 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 is transferred to the customer.」
The Company adopted the Accounting Standard for Revenue Recognition and the Accounting Standard for Fair Value Measurement at the beginning of the fiscal year ending March 2022, as planned for FY2021, and states that there was no impact on the financial statements. - FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Fair Value Measurement and related standards from the beginning of the current first quarter of the consolidated fiscal year and, in accordance with the transitional treatment prescribed in Paragraph 19 of the Accounting Standard for Fair Value Measurement and Paragraph 44-2 of the Accounting Standard for Financial Instruments, will apply the new accounting policies prescribed by the Accounting Standard for Fair Value Measurement and related standards prospectively.」
The Company adopted the Accounting Standard for Fair Value Measurement and related standards at the beginning of the fiscal year ending March 2022, as planned for FY2021. There was no impact on the quarterly financial statements. - FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The Company adopted the Accounting Standard for Revenue Recognition and related standards at the beginning of the fiscal year ending March 2022, as planned for FY2021. The adoption had no impact on profit or loss for the first quarter or the opening balance of retained earnings. - FY2021First statedAnnual report
「The planned adoption date for the Accounting Standard for Revenue Recognition and related standards is the beginning of the fiscal year ending March 2022. The planned adoption date for the Accounting Standard for Fair Value Measurement and related standards is also the beginning of the fiscal year ending March 2022.」
The Company states that it plans to adopt the new accounting standards for revenue recognition and fair value measurement from the beginning of the fiscal year ending March 2022. The impact of the revenue recognition standard is immaterial, while the impact of the fair value measurement standard is currently under assessment.