Preparation for Applying the Revenue Recognition Standard from the Fiscal Year Ending August 2022
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2023.
64 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The revenue recognition standard has been applied since the beginning of the fiscal year ending August 2022, and the policy of applying the standard is also described for the current fiscal year. - FY2022RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The revenue recognition standard has been applied since the beginning of the fiscal year ending August 2022, and its impact on profit or loss and retained earnings at the beginning of the fiscal year is considered immaterial. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The accounting standard for revenue recognition, which was scheduled to be applied from the beginning of the fiscal year ending August 2022, was applied from the beginning of the first quarter of the current fiscal year. For sales with rights of return, a refund liability and a right-to-recover-returned-goods asset were recognized, and the impact on profit or loss and retained earnings at the beginning of the fiscal year was assessed as immaterial. - FY2021The impact of adoption was assessed as immaterial.Annual report
「The impact on retained earnings at the beginning of the next consolidated fiscal year resulting from the application of the Accounting Standard for Revenue Recognition and other standards is immaterial.」
The planned adoption from the beginning of the fiscal year ending August 2022 remains unchanged, and the impact on retained earnings at the beginning of the next consolidated fiscal year has been assessed as immaterial. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending August 2022.」
The plan to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending August 2022 remains unchanged. - FY2019RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending August 2022.」
The plan to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending August 2022 remains unchanged. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending August 2022.」
The Company plans to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending August 2022 and states that the impact on the consolidated financial statements is currently being assessed.