Application of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2019. 9 of 11 entries say "Restated". Latest entry: FY2025.
91 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Revenue recognized over time 9,507,453 8,877,791」
Following application of the accounting standard on revenue recognition, the Company continues to recognize revenue from construction projects in the building materials-related business over time based on the percentage of completion. - FY2024RestatedAnnual report
「Revenue recognized over time 10,663,690 9,518,062」
The Company continues to recognize revenue from construction projects in the building materials-related business over time based on the percentage of completion, with the applicable revenue for the current fiscal year amounting to ¥10,663 million. - FY2024-Q3RestatedAnnual report
「Revenue recognized over time 8,272,988」
Following application of the accounting standard on revenue recognition, the Company continues to recognize ¥8,272 million of revenue from the building materials-related business over time. - FY2024-Q2RestatedAnnual report
「Revenue recognized over time 5,765,138」
Following application of the accounting standard on revenue recognition, the Company continues to recognize ¥5,765 million of revenue from the building materials-related business over time. - FY2024-Q1RestatedAnnual report
「Revenue recognized over time 2,743,238 － 2,743,238」
Following application of the accounting standard on revenue recognition, the Company continues to recognize revenue from construction projects and other activities in the building materials-related business over time. - FY2023-Q3RestatedAnnual report
「Revenue recognized over time 6,650,546 7,375,378 － － － 445,750 6,650,546 7,821,128」
Following application of the accounting standard on revenue recognition, the Company continues to recognize revenue from the building materials-related business over time. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 Company has reconfirmed that it is applying the accounting standard on revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022. For all construction projects in the building materials-related business, revenue is recognized over time as performance obligations are fulfilled. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 Company has reconfirmed that it is applying the accounting standard on revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022. For all construction projects in the building materials-related business, revenue is recognized over time as performance obligations are satisfied. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the cumulative first-quarter period, and now 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 Company applied the accounting standard on revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. For all construction projects in the building materials-related business, the Company changed to a method of recognizing revenue over time as performance obligations are satisfied. There was no impact on the opening balance of retained earnings or profit or loss for the quarter. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company reiterated its plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The Company states that it plans to apply the accounting standard and implementation guidance on revenue recognition from the beginning of the fiscal year ending March 2022. The impact is currently being assessed.