Scheduled Adoption of Revenue Recognition Standards for the Fiscal Year Ending February 2023
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2023-Q1.
- FY2023-Q1AchievedAnnual report
「We 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 and began recognizing revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending February 2023, were actually adopted from the beginning of the first quarter of the current fiscal year. The accounting treatment for transactions as an agent, variable consideration, sales with rights of return, construction contracts, and the provision of materials to suppliers for a fee was also changed. - FY2021RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending February 2023.」
The Company continues to disclose its plan to adopt the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending February 2023. - FY2020RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending February 2023.」
The plan to adopt the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending February 2023 remains in place. - FY2019First statedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and related standards: The standards will be adopted from the beginning of the fiscal year ending February 2023. The impact of adopting these standards on the consolidated financial statements is currently being evaluated.」
The Accounting Standard for Revenue Recognition and its implementation guidance are scheduled to be adopted from the beginning of the fiscal year ending February 2023, and the impact on the financial statements is being evaluated.