Application of the Accounting Standard for Revenue Recognition
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
92 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning 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.」
The policy for applying the revenue recognition accounting standard continued for the full fiscal year. The impact on profit or loss was immaterial, and there was no impact on the beginning balance of retained earnings. - FY2022-Q3RestatedAnnual report
「The Company adopted 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. 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 company has reiterated its policy under the revenue recognition accounting standard applied from the first quarter. The impact on profit or loss for the cumulative third quarter was immaterial, and there was no impact on the beginning balance of retained earnings. - FY2022-Q2RestatedAnnual report
「The Company adopted 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. 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 company has reiterated its policy under the revenue recognition accounting standard applied from the first quarter. The impact on profit or loss for the cumulative second quarter was immaterial, and there was no impact on the beginning balance of retained earnings. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 revenue recognition accounting standard and related standards from the beginning of the first quarter and changed its policy to recognize revenue when control is transferred to the customer. The impact on profit or loss was immaterial, and there was no impact on the beginning balance of retained earnings.