Planned Adoption of the Accounting Standard for Revenue Recognition
First written in FY2018. 7 of 9 entries say "Restated". Latest entry: FY2024.
107 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company identifies the provision of control equipment, factory automation equipment, and industrial equipment as performance obligations. The company determines that these obligations are satisfied when customer acceptance is obtained and recognizes revenue at that time. For some domestic sales, however, the period from shipment until control of the goods is transferred to the customer is ordinarily short, so revenue is recognized at the time of shipment.」
The company has continued to recognize revenue upon customer acceptance under the Revenue Recognition Standard applied from the beginning of FY2022-Q1, and also discloses recognition at shipment for some domestic sales. - FY2023RestatedAnnual report
「The company identifies the provision of control equipment, factory automation equipment, and industrial equipment as performance obligations. The company determines that these obligations are satisfied when customer acceptance is obtained and recognizes revenue at that time.」
Revenue recognition based on the Revenue Recognition Standard applied from the beginning of FY2022-Q1 has continued. - FY2023-Q2RestatedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the current 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. This has no effect on the quarterly consolidated financial statements for the cumulative second quarter of the current fiscal year.」
The Revenue Recognition Standard applied from the beginning of FY2022-Q1 continued to be applied, with no impact on the financial statements for the cumulative second quarter of the current fiscal year. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and related standards were applied from the beginning of the first quarter of the current fiscal year. 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. There was no impact on the quarterly consolidated financial statements for the cumulative third quarter of the current fiscal year.」
The Revenue Recognition Standard applied from the beginning of FY2022-Q1 continued to be applied, with no impact on the financial statements for the cumulative third quarter of the current fiscal year. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and related standards were applied from the beginning of the first quarter of the current fiscal year. 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. There was no impact on the quarterly consolidated financial statements for the cumulative first quarter of the current fiscal year.」
The Revenue Recognition Standard, which had been scheduled for application through FY2021 with its impact under assessment, was applied from the beginning of FY2022-Q1. There was no impact on the quarterly consolidated financial statements. - FY2021RestatedAnnual report
「The company plans to apply the standards from the beginning of the fiscal year ending March 2022. The impact is being assessed as of the preparation of these consolidated financial statements.」
The accounting standards for revenue recognition and related guidance were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of the impact remained under assessment. - FY2020RestatedAnnual report
「The company plans to apply the standards from the beginning of the fiscal year ending March 2022. The impact is being assessed as of the preparation of these consolidated financial statements.」
The accounting standards for revenue recognition and related guidance were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of the impact remained under assessment. - FY2019RestatedAnnual report
「The company plans to apply the standards from the beginning of the fiscal year ending March 2022. The impact is being assessed as of the preparation of these consolidated financial statements.」
The accounting standards for revenue recognition and related guidance were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of the impact remained under assessment. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 30 March 2018) are scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact is being assessed as of the preparation of these consolidated financial statements.」
The new accounting standards for revenue recognition and related guidance were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of the impact was under assessment.