Adoption of the Accounting Standard for Revenue Recognition
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2023.
4 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company and its consolidated subsidiaries recognize revenue arising from contracts with customers based on the five-step approach described below.」
Based on the application of the revenue recognition accounting standard, the Company applies throughout the fiscal year its policy of recognizing revenue from product sales primarily upon completion of installation, and revenue from maintenance parts and consumables upon delivery or shipment, as applicable. - FY2023-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the consolidated fiscal year. Accordingly, the key management indicators and other data for the six-month period and the second quarter of the consolidated fiscal year reflect application of these accounting standards and related standards.」
The company reiterated that it has applied the accounting standards for revenue recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「The company has applied 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 consolidated fiscal year. Accordingly, the key management indicators for the nine months and the third quarter of the current consolidated fiscal year reflect application of those accounting standards.」
The company continues to apply the accounting standards for revenue recognition and related standards. Revenue for printing-related equipment and printed circuit board-related equipment is recognized upon completion of installation, and the impact on the financial statements is immaterial. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the consolidated fiscal year. Accordingly, the key management indicators and other data for the six-month period and the second quarter of the consolidated fiscal year reflect application of these accounting standards and related standards.」
The company reiterated that it had applied the accounting standards for revenue recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue for printing-related equipment and printed circuit board-related equipment is recognized upon completion of installation, and the impact was described as immaterial. - FY2022-Q1First statedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Key management indicators for the six months ended 30 June reflect application of these standards.」
The company applied the accounting standards for revenue recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. For sales of printing-related equipment and printed circuit board-related equipment, the timing of revenue recognition was changed from shipment to completion of installation, and the impact on the financial statements was described as immaterial.