Planned Adoption of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2019. 9 of 11 entries say "Restated". Latest entry: FY2025-H1.
64 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Revenue from contracts with customers 3,790,651 12,748 3,803,399 Other revenue ― 188,532 188,532 Sales to external customers 3,790,651 201,280 3,991,932」
Disclosure by revenue category after the application of the accounting standard for revenue recognition continues. Net sales to external customers for the six-month interim consolidated period were 3,991,932 thousand yen. - FY2024-Q3RestatedAnnual report
「Revenue from contracts with customers 4,921,868 17,785 4,939,653 Other revenue ― 269,093 269,093 Sales to external customers 4,921,868 286,879 5,208,747」
Disclosure by revenue category after the application of the accounting standard for revenue recognition continues. Net sales to external customers for the nine-month period ended 31 December were 5,208,747 thousand yen. - FY2023-Q2RestatedAnnual report
「Revenue from contracts with customers 4,444,387 10,736 4,455,124 Other revenue ― 178,976 178,976 Sales to external customers 4,444,387 189,713 4,634,101」
Disclosure by revenue category after the application of the accounting standard for revenue recognition continues. Net sales to external customers for the six-month period ended 30 September were 4,634,101 thousand yen. - FY2023-Q1RestatedAnnual report
「Revenue from contracts with customers 2,253,312 93,474 2,346,787」
Disclosure by revenue category after the application of the accounting standard for revenue recognition continues. Net sales to external customers for the quarter were 2,346,787 thousand yen. - FY2022RestatedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards 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 standard for revenue recognition has continued to be applied throughout the fiscal year beginning 1 March 2022. Net sales and selling, general and administrative expenses decreased by 105,508 thousand yen, but there was no impact on profit or loss or retained earnings. - FY2022-Q3RestatedAnnual report
「As a result, net sales for the nine-month period ended 31 December decreased by 74,822 thousand yen, and selling, general and administrative expenses decreased by 74,822 thousand yen. There was no impact on operating loss, ordinary loss, quarterly net loss before income taxes and other adjustments, or the opening balance of retained earnings for the period.」
The accounting standard for revenue recognition, applied from the beginning of the first quarter, continues to be applied. For the nine-month period, net sales and selling, general and administrative expenses each decreased by 74,822 thousand yen. There was no impact on profit or loss or retained earnings. - FY2022-Q2RestatedAnnual report
「As a result, net sales decreased by 47,920 thousand yen and selling, general and administrative expenses decreased by 47,920 thousand yen in the cumulative second quarter of the current consolidated fiscal year. There was no impact on operating loss, ordinary loss, loss before income taxes and other adjustments, or the beginning balance of retained earnings.」
The accounting standards for revenue recognition applied from the beginning of the first quarter of the current consolidated fiscal year continued to be applied in the cumulative second quarter, resulting in decreases of 47,920 thousand yen in both net sales and selling, general and administrative expenses. - FY2022-Q1AchievedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, dated 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services. Accordingly, a portion of consideration paid to customers, which was previously accounted for as selling, general and administrative expenses, is now deducted from the transaction price. As a result, net sales decreased by 25,755 thousand yen and selling, general and administrative expenses decreased by 25,755 thousand yen in the cumulative first quarter of the current consolidated fiscal year.」
The accounting standards for revenue recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were actually applied from the beginning of the first quarter. Net sales and selling, general and administrative expenses each decreased by 25,755 thousand yen, but there was no impact on operating loss or other losses. - FY2021RestatedAnnual report
「Scheduled application date for the accounting standards for revenue recognition and related standards Application is scheduled to begin at the start of the fiscal year ending March 2022.」
The plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 remains unchanged, and the impact is stated to be under evaluation. - FY2020RestatedAnnual report
「Scheduled application date for the accounting standards for revenue recognition and related standards: Application is scheduled to begin at the start of the fiscal year ending March 2022.」
The plan to apply the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 remains unchanged, and the impact is stated to be under evaluation. - FY2019First statedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, dated 30 March 2018) and the “Implementation Guidance on the Accounting Standard for Revenue Recognition” are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
It has been disclosed for the first time that the new accounting standards for revenue recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact was stated to be under evaluation as of the preparation date.