Kanematsu (8020) · InitiativeAchieved
Preparation for Applying the Revenue Recognition Accounting Standard under Japanese GAAP
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
2entries
4years
0from disclosures
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Same theme, other companies
対応 to the 2022 Adoption of the Revenue Recognition Accounting StandardA theme 618 companies write about · 16 as a headwind · 1 as a tailwind
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 618 threads.Full recordFilings, disclosures and news, newest first
- FY2022AchievedAnnual report
「From the current fiscal year, we have applied the Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition. 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 Japan-based revenue recognition accounting standards and related guidance, originally scheduled for adoption in the fiscal year ending March 2019, were adopted from the fiscal year ending March 2022, and the income statement line item was changed from "net sales" to "revenue." - FY2019First statedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition: We will apply them from the beginning of the fiscal year commencing on or after 1 April 2021.」
The Company planned to adopt Japan's revenue recognition accounting standards and related guidance from the beginning of the fiscal year commencing on or after 1 April 2021, while the impact on the financial statements was still being assessed.