Planned Adoption of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2018. 5 of 9 entries say "Restated". Latest entry: FY2023.
126 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The implementation guidance for the Accounting Standard for Fair Value Measurement was applied from the beginning of the current consolidated fiscal year, and the new accounting policies stipulated by the implementation guidance for the Fair Value Measurement Accounting Standard will be applied prospectively. The application had no impact on the consolidated financial statements.」
The company reaffirmed the application of the guidance on the Accounting Standard for Fair Value Measurement and that it had no impact on the financial statements. - FY2023-Q3RestatedAnnual report
「The Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021) was applied from the beginning of the first-quarter consolidated accounting period, and the new accounting policies prescribed by the guidance were applied prospectively. There was no impact on the quarterly consolidated financial statements.」
The company applied the guidance on the Accounting Standard for Fair Value Measurement from the beginning of the period and reaffirmed that it had no impact on the quarterly consolidated financial statements. - FY2022Disclosed the full-year impact of the revenue recognition standardAnnual report
「As a result, compared with before application of the Accounting Standard for Revenue Recognition and other standards, revenue and cost of sales in the consolidated income statement for the consolidated fiscal year decreased by ¥2,248 million each.」
The Accounting Standard for Revenue Recognition was applied for the full year, reducing revenue and cost of sales by ¥2,248 million each compared with the previous method. - FY2022-Q3Disclosed the impact of the revenue recognition standard on reducing revenueAnnual report
「As a result, compared with the previous method, revenue and cost of sales for the cumulative third-quarter consolidated period decreased by ¥1,662 million each.」
Application of the Accounting Standard for Revenue Recognition and other standards reduced revenue and cost of sales for the cumulative third-quarter consolidated period by ¥1,662 million each compared with the previous method. - FY2022-Q2RestatedAnnual report
「For certain transactions, the company previously recognized the total consideration received from customers as revenue. For transactions in which the Group acts as an agent in providing goods or services to customers, it now recognizes revenue on a net basis, deducting the amount paid to suppliers from the amount received from customers.」
The company reaffirmed the specific treatment following application of the revenue recognition standard, including net recognition for agency transactions. It also described a change under which no revenue is recognized for transactions involving the paid-for supply of materials. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan, Accounting Standard No. 29, 31 March 2020) and other standards have been applied from the beginning of the current first-quarter consolidated accounting period. Accordingly, the key management indicators and other information for the cumulative first-quarter consolidated period reflect application of these standards.」
The company applied the Accounting Standard for Revenue Recognition and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. - FY2021RestatedAnnual report
「The impact of applying the Accounting Standard for Revenue Recognition and other standards on the consolidated financial statements is currently being assessed. The standards will be applied from the beginning of the fiscal year ending March 2022.」
The company plans to apply the Accounting Standard for Revenue Recognition and other standards from the beginning of the fiscal year ending March 2022, while continuing to assess the impact. - FY2019RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company plans to apply the Accounting Standard for Revenue Recognition and other standards from the beginning of the fiscal year ending March 2022 and is assessing the impact. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022.」
The company disclosed for the first time its plan to apply the Accounting Standard for Revenue Recognition and other standards from the beginning of the fiscal year ending March 2022.