Adoption of Revenue Recognition and Fair Value Measurement Standards
First written in FY2021. 10 of 12 entries say "Restated". Latest entry: FY2026-H1.
131 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2025-H1RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2024-Q3RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2024-Q2RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2024-Q1RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2023-Q3RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2023-Q2RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2023-Q1RestatedAnnual report
「The amounts disaggregated by timing of revenue recognition and by business are as follows.」
Disclosures disaggregating revenue after the application of the Revenue Recognition Standard and related standards continue. - FY2022-Q3RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the consolidated fiscal year. Accordingly, revenue is recognized at the amount expected to be received in exchange for the promised goods or services when, or as, the performance obligation is satisfied through the transfer of control of the promised goods or services to the customer.」
The accounting treatment of applying the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the consolidated fiscal year continued into the third quarter. - FY2022-Q2RestatedAnnual report
「The application of the revenue recognition accounting standard and related guidance follows the transitional treatment specified in the proviso to Paragraph 84 of the revenue recognition accounting standard. The cumulative effect of retrospectively applying the new accounting policy to periods 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 that quarter, and the new accounting policy was applied from that opening balance.」
The Revenue Recognition Standard and related standards continue to be applied from the beginning of the first quarter of the consolidated fiscal year. For the six months ended the second quarter, net sales increased by ¥7,433 thousand, while operating profit, ordinary profit and profit before income taxes and other adjustments increased by ¥1,615 thousand each. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and related standards from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, revenue is recognized at the amount expected to be received in exchange for the promised goods or services when, or as, the performance obligation is satisfied through the transfer of control of the promised goods or services to the customer. The company applied the Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Standard") and related standards from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 19 of the Fair Value Measurement Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standards Board of Japan Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and related standards will be applied prospectively.」
The company actually applied the revenue recognition and fair value measurement standards from the beginning of the first quarter of the current consolidated fiscal year, as planned in the previous fiscal year. The application of the Revenue Recognition Standard and related standards increased net sales by ¥8,917 thousand and operating profit, ordinary profit and other items by ¥2,201 thousand each. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The Accounting Standard for Fair Value Measurement and related standards will also be applied from the beginning of the fiscal year ending March 2022.」
The company indicated for the first time that it planned to apply the new accounting standards on revenue recognition and fair value measurement from the beginning of the fiscal year ending March 2022.