Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
25 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group applied the "Accounting Standard for Revenue Recognition" (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the current consolidated fiscal year, and now recognizes revenue at the amount expected to be received in exchange for the goods or services concerned when control of the promised goods or services is transferred to the customer.」
The Group discloses for the full fiscal year that it applied the Revenue Recognition Accounting Standard and other standards from the beginning of the consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「The Group applied the "Accounting Standard for Revenue Recognition" (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first quarter of the consolidated fiscal year, and now recognizes revenue at the amount expected to be received in exchange for the goods or services concerned when control of the promised goods or services is transferred to the customer.」
The Group continues to disclose in the third quarter that it applied the Revenue Recognition Accounting Standard and other standards from the beginning of the first quarter of the consolidated fiscal year. - FY2022-Q2RestatedAnnual report
「The Group applied the "Accounting Standard for Revenue Recognition" (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first quarter of the consolidated fiscal year, and now recognizes revenue at the amount expected to be received in exchange for the goods or services concerned when control of the promised goods or services is transferred to the customer.」
The Group continues to disclose in the second quarter that it applied the Revenue Recognition Accounting Standard and other standards from the beginning of the first quarter of the consolidated fiscal year. - FY2022-Q1First statedAnnual report
「The Group applied the "Accounting Standard for Revenue Recognition" (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first quarter of the current consolidated fiscal year, and now recognizes revenue at the amount expected to be received in exchange for the goods or services concerned when control of the promised goods or services is transferred to the customer.」
The Group applied the Revenue Recognition Accounting Standard and other standards from the beginning of the first quarter of the current consolidated fiscal year and changed its methods for recognizing revenue from variable consideration and construction contracts. It states that there was no impact on net sales, cost of sales or retained earnings at the beginning of the fiscal year.