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Mitsubishi Heavy Industries (7011) · InitiativeFirst stated

Application of the Revenue Recognition Standard

First written in FY2019. . Latest entry: FY2019.

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  1. FY2019First statedAnnual report

    「The Group has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 30 March 2018) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (Implementation Guidance No. 30, 30 March 2018) from the current consolidated fiscal year.」

    The revenue recognition standard was applied from the current fiscal year, and the cumulative impact on opening balances and the impacts on revenue, cost of sales and profit were disclosed.
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