Planned Adoption of the Revenue Recognition Accounting Standard for the Fiscal Year Ending February 2023
First written in FY2020. 5 of 7 entries say "Restated". Latest entry: FY2027-H1.
64 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Information on disaggregated revenue arising from contracts with customers is presented as described in Notes (Segment Information, etc.).」
The company continues to disclose disaggregated revenue information in the segment information after applying the Revenue Recognition Standard. - FY2023-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 company continues to apply the Revenue Recognition Standard from the first quarter and continues to account for the cumulative impact by reflecting it in retained earnings at the beginning of the fiscal year. - FY2023-Q2RestatedAnnual report
「As a result, for the cumulative second quarter of the current fiscal year, net sales decreased by ¥7,342 thousand, selling, general and administrative expenses decreased by ¥10,298 thousand, and operating loss decreased by ¥2,956 thousand, while ordinary income and profit before income taxes increased by ¥2,956 thousand each. In addition, the opening balance of retained earnings increased by ¥6,241 thousand.」
The company continues to apply the Revenue Recognition Standard from FY2023 Q1 and has disclosed its impact on net sales, operating loss, ordinary income and other items for the cumulative second quarter of the current fiscal year. - FY2023-Q1AchievedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other standards have been applied from the beginning of the first quarter of the current fiscal year, and 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.」
The company applied the Revenue Recognition Standard, which had been scheduled for application from the beginning of the fiscal year ending February 2023, from the beginning of the first quarter of the current fiscal year. It also changed the presentation of discounts, sales incentives and other items. - FY2022RestatedAnnual report
「(2) Scheduled effective date: The standard is scheduled to be applied from the beginning of the fiscal year ending February 2023.」
The company continues to disclose its plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending February 2023. - FY2021RestatedAnnual report
「The scheduled effective date for the “Accounting Standard for Revenue Recognition” and other standards is the beginning of the fiscal year ending February 2023.」
The company continues to disclose its plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending February 2023. - FY2020First statedAnnual report
「The scheduled effective date for the “Accounting Standard for Revenue Recognition” and other standards is the beginning of the fiscal year ending February 2023.」
The company has disclosed that it plans to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending February 2023 and is evaluating the amount of the impact.