Plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022
First written in FY2019. 2 of 6 entries say "Restated". Latest entry: FY2022.
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- FY2022Annual impact finalizedAnnual report
「As a result, net sales for the current consolidated fiscal year decreased by ¥4,671 thousand, cost of sales increased by ¥8,220 thousand, and selling, general and administrative expenses decreased by ¥142,527 thousand. Operating income, ordinary income and profit before income taxes for the fiscal year each increased by ¥129,636 thousand.」
The company disclosed the impact after applying the accounting standard on revenue recognition for the full fiscal year, definitively stating that operating income and related figures increased by ¥129,636 thousand. - FY2022-Q2Disclosure of the Impact of AdoptionAnnual report
「As a result, net sales for the cumulative second quarter of the current consolidated fiscal year decreased by ¥32,123 thousand, cost of sales increased by ¥2,943 thousand, and selling, general and administrative expenses decreased by ¥75,878 thousand. Operating income, ordinary income and profit before income taxes for the quarter each increased by ¥40,812 thousand. The opening balance of retained earnings also decreased by ¥47,157 thousand.」
The company disclosed the impact of applying the accounting standard on revenue recognition, specifying its effects on net sales, cost of sales, selling, general and administrative expenses and retained earnings. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the current first quarter of the consolidated fiscal year. Accordingly, the key management indicators and other figures for the cumulative first quarter of the current consolidated fiscal year reflect application of these accounting standards.」
The accounting standards on revenue recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were actually applied. Net sales decreased by ¥77,265 thousand, while operating income, ordinary income and profit before income taxes for the quarter each decreased by ¥13,657 thousand, and the opening balance of retained earnings decreased by ¥47,157 thousand. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022. The impact of the application on the consolidated financial statements is immaterial.」
The company planned to apply the accounting standard on revenue recognition from the beginning of the fiscal year ending March 2022 and continued to disclose that the impact would be immaterial. - FY2020RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company continued to disclose its plan to apply the accounting standard on revenue recognition and related standards from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The company first recorded its plan to apply the accounting standard on revenue recognition and related implementation guidance from the beginning of the fiscal year ending March 2022.