Preparation for Adoption of the Accounting Standard for Revenue Recognition
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2022.
64 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The revenue recognition accounting standards and related standards were applied 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 accounting standards for revenue recognition, which moved from preparation for application to implementation in FY2022-Q1, have continued as the accounting policy for the full fiscal year. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 accounting standards for revenue recognition applied from the beginning of the first quarter of the current fiscal year continued to be applied. The filing states that the impact on profit or loss and retained earnings was immaterial or nil. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 accounting standards for revenue recognition applied from the beginning of the first quarter of the current fiscal year continued to be applied in the second quarter. The filing states that the impact on profit or loss and retained earnings was immaterial or nil. - FY2022-Q1AchievedAnnual report
「The Group adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The accounting standards for revenue recognition and related standards, which had been disclosed as being under preparation for application through the previous fiscal year, were applied from the beginning of the first quarter of the current fiscal year. The filing states that the impact on profit or loss was immaterial and that there was no impact on the opening balance of retained earnings. - FY2020RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company has continued to plan to apply the accounting standards for revenue recognition from the beginning of the fiscal year ending March 2022 and assess the impact. - FY2020-Q1RestatedAnnual report
「From the first quarter of the current fiscal year, the company applied IFRS 16, “Leases,” and, as a lessee, recognized assets and liabilities for virtually all leases on the quarterly consolidated balance sheet.」
The relevant thread concerns preparations for applying the revenue recognition standards, and this filing contains no material change in the description of the standards, making it inappropriate for an update. - FY2019RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company has continued to state its policy of applying the accounting standards for revenue recognition from the beginning of the fiscal year ending March 2022 and assessing the impact. - FY2018First statedAnnual report
「Scheduled adoption date for the “Accounting Standard for Revenue Recognition” and related standards: adoption from the beginning of the fiscal year ending March 2022.」
The company disclosed for the first time that it planned to apply the new accounting standards and implementation guidance for revenue recognition from the beginning of the fiscal year ending March 2022 and was assessing the impact on the financial statements.