Application of the Revenue Recognition Standard from the fiscal year ending October 2022
First written in FY2019. 1 of 4 entries say "Restated". Latest entry: FY2022-Q3.
10 other companies' latest entry also says "Other".
- FY2022-Q3Further detail on the impact of adoptionAnnual report
「The main changes resulting from the application of the Accounting Standard for Revenue Recognition and related standards are as follows. Revenue recognition for agent transactions As a result, net sales and cost of sales each decreased by ¥733.671 million during the cumulative third-quarter consolidated period.」
The company disclosed the specific impact of applying the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending October 2022, stating that the presentation of agent transactions on a net basis reduced net sales and cost of sales by ¥733.671 million each during the cumulative third-quarter period. - FY2022-Q1AchievedAnnual report
「We have applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year.」
The company applied the Accounting Standard for Revenue Recognition, which had been scheduled for application from the beginning of the fiscal year ending October 2022, from the beginning of the current first-quarter consolidated accounting period. For purchase-through transactions, revenue presentation was changed from gross to net, reducing net sales and cost of sales by ¥284.764 million each. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending October 2022.」
The company continues to state that it plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending October 2022, with the impact still under evaluation. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending October 2022.」
The company states that it plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending October 2022, with the impact on the consolidated financial statements still under evaluation.