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Asahi Kagaku Kogyo (7928) · TargetRestated

Plan to Apply the Accounting Standard for Revenue Recognition in the Fiscal Year Ending August 2022

First written in FY2019. 7 of 9 entries say "Restated". Latest entry: FY2026-H1.

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ProgressHeldSoftenedWorseFirst statedFY2019RestatedFY2022-Q2 – FY2026-H12019: 12020: 020202021: 020212022: 320222023: 220232024: 220242025: 020252026: 12026
Same theme, other companies
Assessment of the Impact of Applying the Accounting Standard for Revenue RecognitionA theme 83 companies write about · 1 as a headwind · 0 as a tailwind

58 other companies' latest entry also says "Restated".

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Showing 14 of the 83 companies compared. The sentences above are computed from all 83.
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  1. FY2026-H1RestatedAnnual report

    「Information disaggregating revenue arising from contracts with customers is provided under “Segment Information, etc.”」

    The company continues to disclose disaggregated information on revenue arising from contracts with customers by segment following the application of the revenue recognition standard.
  2. FY2024-Q2RestatedAnnual report

    「Information disaggregating revenue arising from contracts with customers is provided under “Segment Information, etc.”」

    The company continues to disclose disaggregated information on revenue arising from contracts with customers by segment following the application of the revenue recognition standard.
  3. FY2024-Q1RestatedAnnual report

    「Information disaggregating revenue arising from contracts with customers is provided under “Segment Information, etc.”」

    The company continues to disclose disaggregated information on revenue arising from contracts with customers by segment following the application of the revenue recognition standard.
  4. FY2023-Q3RestatedAnnual report

    「Information disaggregating revenue arising from contracts with customers is provided under “Segment Information, etc.”」

    The company continues to disclose disaggregated information on revenue arising from contracts with customers by segment following the application of the revenue recognition standard.
  5. FY2023-Q1RestatedAnnual report

    「Information disaggregating revenue arising from contracts with customers is provided under “Segment Information, etc.”」

    The company continues to disclose disaggregated information on revenue arising from contracts with customers by segment following the application of the revenue recognition standard.
  6. FY2022-Q3RestatedAnnual report

    「The application of the revenue recognition accounting standard and related guidance follows the transitional treatment specified in the proviso to Paragraph 84 of the revenue recognition accounting standard. The cumulative effect of retrospectively applying the new accounting policy to periods before the beginning of the first quarter of the current consolidated fiscal year was added to or deducted from retained earnings at the beginning of that quarter, and the new accounting policy was applied from that opening balance.」

    The Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending August 2022, continue to be applied, and the company states that there is no impact on profit or loss for the nine-month period ended the third quarter or on retained earnings at the beginning of the period.
  7. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 and related standards, which had been scheduled for application from the beginning of the fiscal year ending August 2022, continue to be applied, and the company states that there is no impact on profit or loss for the six-month period ended the second quarter.
  8. FY2022-Q1AchievedAnnual report

    「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the cumulative first-quarter period, and now recognize 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 application from the beginning of the fiscal year ending August 2022, are being applied from the beginning of the first quarter of the current consolidated fiscal year.
  9. FY2019First statedAnnual report

    「Scheduled application date: The standard will be applied from the beginning of the fiscal year ending August 2022. The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Revenue Recognition and related standards is currently under evaluation.」

    The company disclosed for the first time that it plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending August 2022, and stated that the impact on the financial statements is currently under evaluation.
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Asahi Kagaku Kogyo's next results are scheduled for 2026-10-14. Read the earnings preview
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Plan to Apply the Accounting Standard for Revenue Recognition in the Fiscal Year Ending August 2022 | ASAHI KAGAKU KOGYO CO.,LTD. (7928) | Komori