Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ending March 2022
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2022.
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- FY2022RestatedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the current consolidated fiscal year, and 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 is transferred to the customer.」
The revenue recognition accounting standard has been applied since the beginning of the fiscal year ending March 2022, with revenue recognized for domestic sales at the time of shipment and for export sales when the risk transfers to the customer in accordance with the applicable trade terms. - FY2022-Q3RestatedAnnual report
「We have applied the revenue recognition accounting standard and related standards from the beginning of the first quarter of the current fiscal year, and 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 is transferred to the customer.」
For the revenue recognition accounting standard applied from the beginning of the first quarter of the fiscal year ending March 2022, the Company continues to recognize revenue for domestic sales at the time of shipment and for export sales when the risk transfers to the customer in accordance with the applicable trade terms. - FY2022-Q1AchievedAnnual report
「We have 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 fiscal year, and 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 is transferred to the customer.」
The revenue recognition accounting standard, which had been scheduled to be applied from the fiscal year ending March 2022, was applied from the beginning of the first quarter of the current fiscal year. For domestic sales, revenue is generally recognized at the time of shipment, while for export sales it is recognized when the risk has transferred to the customer in accordance with the applicable trade terms. The disclosure states that the impact is immaterial. - FY2021RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company continues to state that it plans to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022. - FY2020First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
For the first time, the disclosure states that the accounting standards for revenue recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.