Adoption of the Revenue Recognition and Fair Value Measurement Accounting Standards
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
131 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The application of the Accounting Standard for Revenue Recognition and other standards follows the transitional treatment prescribed in the proviso to paragraph 84 of the Accounting Standard for Revenue Recognition. The cumulative effect of retrospectively applying the new accounting policy before the beginning of the first quarter of the current consolidated fiscal year was added to or deducted from retained earnings at the beginning of the first quarter, and the new accounting policy was applied from that opening balance. As a result, there was no impact on profit or loss for the cumulative third quarter. There was also no impact on the opening balance of retained earnings for the fiscal year.」
The application of the Accounting Standard for Revenue Recognition and other standards was continued, and the company stated that it had no impact on profit or loss or beginning retained earnings for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「The application of the Accounting Standard for Revenue Recognition and related standards follows the transitional treatment prescribed in the proviso to paragraph 84 of the standard. The cumulative effect of retrospective application of the new accounting policy before the beginning of the first quarter of the current consolidated fiscal year was adjusted to retained earnings at the beginning of the first quarter, and the new accounting policy was applied from that opening balance. As a result, there was no impact on profit or loss for the cumulative second quarter of the current consolidated fiscal year.」
The application of the Accounting Standard for Revenue Recognition was continued, and the company stated that it had no impact on profit or loss or beginning retained earnings for the cumulative second quarter. - FY2022-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, and began recognizing 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 Accounting Standard for Revenue Recognition and the Accounting Standard for Fair Value Measurement were applied from the beginning of the first quarter of the current consolidated fiscal year. The company stated that applying the Accounting Standard for Revenue Recognition had no impact on quarterly profit or loss or beginning retained earnings.