Adoption of accounting standards for revenue recognition and fair value measurement
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q2.
130 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and other related standards from the beginning of the first quarter. Revenue is recognised 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 standard and related standards adopted from the first quarter continue to be applied. - FY2022-Q2RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and other related standards from the beginning of the first quarter. Revenue is recognised 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 continues to apply the revenue recognition accounting standard and related standards adopted from the first quarter. It states that the impact on the income statement for the six months ended the second quarter was immaterial and that the opening balance of retained earnings increased by ¥1.784 million. - FY2022-Q1First statedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred 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 1 April 2021. The impact on the income statement was immaterial, and the opening balance of retained earnings increased by ¥1.784 million. It also applied the accounting standard for fair value measurement and related standards from the same date, with no impact on the quarterly financial statements.