Adoption of the New Accounting Standard for Revenue Recognition
First written in FY2018. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q3.
93 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards were applied from the beginning of the first quarter of the consolidated 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.」
FY2022-Q3, the Revenue Recognition Accounting Standard and related standards had already been applied from the beginning of the first quarter of the current fiscal year, and the impact on the financial statements for the nine-month period was described as immaterial. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The accounting standards for revenue recognition and related standards were applied from the beginning of the fiscal year ending March 2022. The impact on the quarterly consolidated financial statements was immaterial. - FY2021AdvancedAnnual report
「(2) Scheduled date of application The standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards and related standards The impact of applying the accounting standards and related standards is currently being evaluated in preparing the consolidated financial statements.」
The company specified that the accounting standards for revenue recognition would be applied from the beginning of the fiscal year ending March 2022 and is currently evaluating the impact. - FY2018First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022, and is currently evaluating the impact on the consolidated financial statements.