YAMATO Mobility & Mfg. (7886) · InitiativeAchieved
Adoption of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
1years
0from disclosures
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Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 44 companies write about · 0 as a headwind · 0 as a tailwind
23 other companies' latest entry also says "Achieved".
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Showing 14 of the 44 companies compared. The sentences above are computed from all 44.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption from the fiscal year ending March 2022, were actually applied from 1 April 2021. The impact on the financial statements was described as immaterial. - FY2021First statedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact is under assessment as of the preparation of these consolidated financial statements.」
The company stated that it planned to apply the Accounting Standard for Revenue Recognition and related implementation guidance from the beginning of the fiscal year ending March 2022, and that it was assessing the impact.