Scheduled 2022 adoption of the revenue recognition accounting standard
First written in FY2019. 1 of 4 entries say "Reframed", first in FY2020. Latest entry: FY2022-Q1.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first-quarter 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.」
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. The accounting treatment was changed to defer revenue by treating points as performance obligations. - FY2021AdvancedAnnual report
「(2) Scheduled date of application The standards will be applied from the beginning of the fiscal year ending August 2022. (3) Impact of applying the accounting standards and related standards The impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is immaterial.」
The scheduled application of the revenue recognition standard from the beginning of the fiscal year ending August 2022 has been maintained, and its impact on the consolidated financial statements has been assessed as immaterial. - FY2020ReframedAnnual 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 timing of application has changed from the beginning of the fiscal year ending February 2022 to the beginning of the fiscal year ending August 2022 following the change in the fiscal year-end. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending February 2022. The impact of applying these accounting standards on the consolidated financial statements is currently under assessment.」
The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending February 2022, and the impact is under assessment.