Planned Application of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied 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 impact on the Group's quarterly consolidated financial statements was immaterial.」
The Revenue Recognition Accounting Standard, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was applied from the beginning of the current quarter, and its impact on the financial statements was deemed immaterial. - FY2021AdvancedAnnual report
「The impact of applying the Accounting Standard for Revenue Recognition and related guidance on the consolidated financial statements is immaterial.」
The Company maintained its plan to apply the standard from the beginning of the fiscal year ending March 2022 and assessed the impact of its application on the consolidated financial statements as immaterial. - FY2019First statedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The accounting standard for revenue recognition and its implementation guidance are scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of the impact is being assessed.