Impact of Adopting the Revenue Recognition Accounting Standard
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「As a result, net sales for the current consolidated fiscal year decreased by ¥83,156 million, cost of sales decreased by ¥83,116 million, and selling, general and administrative expenses decreased by ¥40 million. There was no impact on operating income, ordinary income or profit before income taxes.」
The impact of applying the revenue recognition accounting standard on full-year reported amounts became quantifiable, and it was reconfirmed that although net sales and other amounts decreased, operating income and other profit figures were unaffected. - FY2022-Q3RestatedAnnual report
「As a result, net sales for the cumulative third quarter of the current consolidated fiscal year decreased by ¥63,784 million, cost of sales decreased by ¥63,750 million, and selling, general and administrative expenses decreased by ¥34 million. There was no impact on operating income, ordinary income or profit before income taxes.」
The cumulative impact on reported amounts from applying the revenue recognition accounting standard and related standards became quantifiable, and it was reconfirmed that although net sales, cost of sales and other amounts decreased, operating income, ordinary income and other profit figures were unaffected. - FY2022-Q2RestatedAnnual report
「As a result, net sales for the cumulative second quarter of the current consolidated fiscal year decreased by ¥39,632 million, cost of sales decreased by ¥39,609 million, and selling, general and administrative expenses decreased by ¥22 million. There was no impact on operating income, ordinary income or profit before income taxes.」
The first-half impact on reported amounts from applying the revenue recognition accounting standard became quantifiable, and it was reconfirmed that although net sales and other amounts decreased, operating income, ordinary income and other profit figures were unaffected. - FY2022-Q1MaterialisedAnnual report
「As a result, net sales for the cumulative first quarter of the current consolidated fiscal year decreased by ¥19,042 million, cost of sales decreased by ¥19,034 million, and selling, general and administrative expenses decreased by ¥7 million. There was no impact on operating income, ordinary income or profit before income taxes.」
The revenue recognition accounting standard and related standards were applied from the beginning of the first quarter of the fiscal year ending March 2022, resulting in a specific impact on reported amounts such as net sales, while operating income, ordinary income and other profit figures were unaffected. - FY2021RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The plan to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 remains in place, and the amount of its impact continues to be evaluated. - FY2019RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The timing for applying the revenue recognition accounting standard was reconfirmed as the beginning of the fiscal year ending March 2022, and the amount of its impact continues to be evaluated. - FY2018First statedAnnual report
「The impact on the consolidated financial statements of adopting the revenue recognition accounting standard and related standards is currently being assessed.」
The revenue recognition accounting standard is scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of its impact on the consolidated financial statements is under evaluation.