Scheduled Adoption of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
102 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「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 have been adopted from the beginning of the current consolidated 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.」
The revenue recognition standard was adopted from the beginning of the current consolidated fiscal year, and the method of recognizing revenue when control is transferred was confirmed for the full year. - FY2022-Q2RestatedAnnual report
「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 have been adopted 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 revenue recognition standard adopted from the beginning of the first quarter consolidated accounting period and the method of recognizing revenue were reconfirmed in the second quarter. - FY2022-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Key management indicators for the six months ended 30 June reflect application of these standards.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, were actually adopted from the beginning of the first quarter consolidated accounting period. There was no impact on profit or loss or segment information. - FY2021AdvancedAnnual report
「(2) Scheduled date of adoption: The standard will be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adopting the accounting standard and related guidance: The impact of adopting the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is immaterial.」
The planned adoption from the beginning of the fiscal year ending March 2022 was maintained, and the impact on the consolidated financial statements was assessed as immaterial. - FY2020RestatedAnnual report
「(2) Scheduled effective date: The standard will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and related guidance: The impact of applying the Accounting Standard for Revenue Recognition and related guidance on the consolidated financial statements is currently under assessment.」
The revenue recognition standard was scheduled to be adopted from the beginning of the fiscal year ending March 2022, and its impact on the financial statements remained under evaluation. - FY2018First statedAnnual report
「Scheduled date of adoption of the Accounting Standard for Revenue Recognition: The standard will be adopted from the beginning of the fiscal year ending March 2022.」
The Accounting Standard for Revenue Recognition and its implementation guidance were scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact on the consolidated financial statements for the current fiscal year was under evaluation.