Nichiryoku (7578) · PolicyFirst stated

Adoption of the Revenue Recognition Standard and Related Standards

First written in FY2022-Q1. . Latest entry: FY2022-Q1.

1entries

1years

0from disclosures

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Same theme, other companies

Changes in revenue recognition methods and presentation following adoption of the Revenue Recognition Accounting StandardA theme 123 companies write about · 17 as a headwind · 6 as a tailwind

The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.

10 other companies' latest entry also says "First stated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.

Showing 14 of the 123 companies compared. The sentences above are computed from all 123.

Full recordFilings, disclosures and news, newest first

FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, dated 31 March 2020) and related standards from the beginning of the first quarter, and began recognizing revenue at the time control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The company applied the revenue recognition accounting standard and related standards from the beginning of the current first quarter accounting period and transitioned to an accounting policy of recognizing revenue when control is transferred. It disclosed that there was no impact on the quarterly financial statements.

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