Apply the Accounting Standard for Revenue Recognition from the fiscal year ending March 2022
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「As a result, net sales for the cumulative third quarter of the current consolidated fiscal year decreased by ¥13,876 million, while operating income, ordinary income and profit before income taxes increased by ¥47 million each. The opening balance of retained earnings increased by ¥229 million.」
The impact of continued application of the revenue recognition accounting standard on net sales, profit and opening retained earnings has been disclosed for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「As a result, net sales for the cumulative second quarter of the current consolidated fiscal year decreased by ¥8,716 million, while operating income, ordinary income and profit before income taxes decreased by ¥102 million each. The opening balance of retained earnings increased by ¥229 million.」
The impact of continued application of the revenue recognition accounting standard, including net presentation for agent transactions, has been disclosed: net sales decreased by ¥8,716 million, operating income and other items decreased by ¥102 million, and opening retained earnings increased by ¥229 million. - FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Revenue Recognition and related standards and will recognize revenue 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.」
The revenue recognition accounting standards and other standards scheduled for application from the beginning of the fiscal year ending March 2022 were actually applied. As a result, net sales decreased by ¥4,008 million, while operating income, ordinary income and other items each increased by ¥114 million. - FY2019RestatedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on the Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The planned application of the revenue recognition standard from the beginning of the fiscal year ending March 2022 has been reconfirmed. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The plan to apply the new revenue recognition standard from the beginning of the fiscal year ending March 2022 is disclosed, with the amount of the impact still under assessment.