Adoption of revenue recognition accounting standards
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
16 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "revenue recognition accounting standard") and related standards from the beginning of the first quarter, and therefore recognizes 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.」
Continued to disclose that the revenue recognition accounting standard and related standards have been applied from the beginning of the first quarter. - FY2023-Q2RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards. 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.」
Reiterated that the revenue recognition accounting standard and related standards have been applied from the beginning of the first quarter. - FY2023-Q1First statedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter the “Revenue Recognition Standard”) and related standards from the beginning of the current first-quarter accounting period. 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.」
Applied the revenue recognition accounting standard and related standards from the beginning of the first quarter. Although there was no impact on profit or loss or beginning retained earnings, the presentation was changed from "accounts receivable" to "accounts receivable and contract assets."