Adoption of the revenue recognition accounting standard
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
92 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the 76th fiscal year. Accordingly, the key management indicators and other information for the 76th fiscal year and later periods are based on the indicators and other information after application of those accounting standards.」
The notes to the key management indicators also confirm that the Revenue Recognition Standard and other standards have continued to be applied from the 76th fiscal year onward. - FY2024-Q3RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the current consolidated fiscal year and recognizes revenue 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.」
This quotation does not appear in the third-quarter report for the current fiscal year and is therefore not subject to updating. - FY2023-Q3RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the current consolidated fiscal year and recognizes revenue 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 company has reiterated that it applied the Revenue Recognition Standard throughout the fiscal year. - FY2022RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the current consolidated fiscal year and recognizes revenue 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 Revenue Recognition Standard was applied throughout the fiscal year. The company states that there was no impact on the opening balances of profit or loss or retained earnings. - FY2022-Q1First statedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards from the beginning of the first quarter 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 company changed its accounting policy from the beginning of the first quarter of the current consolidated fiscal year by applying the Revenue Recognition Standard and other standards and recognizing revenue based on the point at which control is transferred. It states that there was no impact on the opening balances of profit or loss or retained earnings.