Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ended June 2022
First written in FY2018. 3 of 10 entries say "Restated". Latest entry: FY2022-Q2.
122 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「We applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards from the beginning of the cumulative first-quarter period and, in accordance with the transitional treatment under paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments, applied the new accounting policies prescribed by the standard prospectively. There was no impact on the quarterly consolidated financial statements.」
The company applied the accounting standards for fair value measurement and related standards from the beginning of the first quarter of the current consolidated fiscal year and applied the new accounting policy prospectively. It continued to state that there was no impact on the quarterly consolidated financial statements. - FY2021RestatedAnnual report
「The company has applied the accounting standards for revenue recognition and related standards from the beginning of the current consolidated fiscal year. The Accounting Standard for Revenue Recognition (30 March 2018) and related standards have been applied since the beginning of the previous consolidated fiscal year. As these standards mainly revised requirements for disclosures relating to revenue recognition, including presentation and notes, their application had no impact on the consolidated financial statements for the current consolidated fiscal year.」
The company stated that it applied the revised accounting standards for revenue recognition from the beginning of the current fiscal year and that they had no impact on the consolidated financial statements for the year. - FY2021-Q2RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current consolidated fiscal year. The Accounting Standard for Revenue Recognition (30 March 2018) and related standards have been applied since the beginning of the previous consolidated fiscal year. As these standards mainly revised requirements for disclosures relating to revenue recognition, including presentation and notes, their application had no impact on the quarterly consolidated financial statements for the cumulative second quarter of the current consolidated fiscal year.」
The company continued to state that it applied the revised accounting standards for revenue recognition and related standards from the beginning of the first quarter and that they had no impact on the quarterly consolidated financial statements for the cumulative second quarter. - FY2021-Q1Application of the revised revenue recognition standards (no impact on financial results)Annual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current consolidated fiscal year. The Accounting Standard for Revenue Recognition (30 March 2018) and related standards have been applied since the beginning of the previous consolidated fiscal year. As these standards mainly revised requirements for disclosures relating to revenue recognition, including presentation and notes, their application had no impact on the quarterly consolidated financial statements for the first quarter of the current consolidated fiscal year.」
The company applied the revised accounting standards for revenue recognition announced on 31 March 2020 from the beginning of the first quarter, but stated that they mainly revised presentation and note disclosures and had no impact on the quarterly consolidated financial statements. - FY2020Full-Year Impact ConfirmedAnnual report
「As a result, net sales for the current consolidated fiscal year decreased by ¥1.495264 billion, while operating income, ordinary income and profit before income taxes for the year each decreased by ¥1.205316 billion.」
The company stated the full-year impact, reporting that after applying the accounting standards for revenue recognition and related standards for the full year, net sales decreased by ¥1.495 billion, while operating income, ordinary income and profit before income taxes for the year each decreased by ¥1.205 billion. - FY2020-Q3Impact amount updatedAnnual report
「As a result, net sales for the cumulative third quarter of the current consolidated fiscal year decreased by ¥765.367 million, while operating income, ordinary income and profit before income taxes for the quarter each decreased by ¥551.579 million. There was no impact on the balance of retained earnings at the beginning of the fiscal year.」
For the cumulative third quarter after applying the accounting standards for revenue recognition and related standards, net sales decreased by ¥765.367 million, while operating income, ordinary income and profit before income taxes for the quarter each decreased by ¥551.579 million. - FY2020-Q2Confirmation of the impact of applicationAnnual report
「As a result, net sales for the cumulative second quarter of the current consolidated fiscal year decreased by ¥770.102 million, while operating income, ordinary income and profit before income taxes for the quarter each decreased by ¥601.827 million.」
For the cumulative second quarter after applying the accounting standards for revenue recognition and related standards, net sales decreased by ¥770.102 million, while operating income, ordinary income and profit before income taxes for the quarter each decreased by ¥601.827 million. - FY2020-Q1AchievedAnnual report
「The company applied the accounting standards for revenue recognition 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. As a result, the following changes were made.」
The company applied the accounting standards for revenue recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year and changed its revenue recognition method, including by identifying product sales and free maintenance services as separate performance obligations. As a result of the application, net sales decreased by ¥192.471 million, while operating income, ordinary income and profit before income taxes for the quarter each decreased by ¥161.692 million. - FY2019Earlier application and disclosure that the impact would be immaterialAnnual report
「The company has applied the standards since the beginning of the fiscal year ending June 2020.」
The application date was brought forward from the previously stated fiscal year ending June 2022 to the fiscal year ending June 2020, and the impact on the consolidated financial statements was stated to be immaterial. - FY2018First statedAnnual report
「We will apply it from the beginning of the fiscal year ending June 2022.」
The company first stated that it planned to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending June 2022.