Kokusai (7722) · PolicyAchieved
Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ended March 2022
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
3years
0from disclosures
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Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 55 companies write about · 0 as a headwind · 0 as a tailwind
28 other companies' latest entry also says "Achieved".
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Showing 14 of the 55 companies compared. The sentences above are computed from all 55.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first-quarter consolidated accounting period. 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 and related standards, which had been scheduled for adoption in the previous fiscal year, were applied from the beginning of the first quarter of the current consolidated fiscal year. There was no change in the revenue recognition method and no impact on profit or loss or retained earnings at the beginning of the fiscal year. - FY2019First statedAnnual report
「We will apply it from the beginning of the fiscal year ending March 2022.」
The Company disclosed plans to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022. The impact of adoption on the consolidated financial statements was stated to be under assessment.