Five-Step Approach to Revenue Recognition from Contracts with Customers under IFRS 15
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019-Q3.
2 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「The Company has applied IFRS 15, Revenue from Contracts with Customers, from the first quarter. It recognizes revenue from the sale of products, services and other sales provided in the ordinary course of business, excluding leases and financial instruments transactions, based on the following five-step approach.」
The Company has continued to apply IFRS 15 and the five-step approach, from contract identification through revenue recognition when performance obligations are satisfied. - FY2019-Q2RestatedAnnual report
「The Company has applied IFRS 15, Revenue from Contracts with Customers, from the first quarter. It recognizes revenue from the sale of products, services and other sales provided in the ordinary course of business, excluding leases and financial instruments transactions, based on the following five-step approach.」
The Company has continued to apply IFRS 15 and the five-step approach, from contract identification through revenue recognition when performance obligations are satisfied. - FY2019-Q1First statedAnnual report
「The Company has applied IFRS 15, Revenue from Contracts with Customers, from the first quarter. It recognizes revenue from the sale of products, services and other sales provided in the ordinary course of business, excluding leases and financial instruments transactions, based on the following five-step approach.」
The Company applied IFRS 15 from the first quarter and introduced a five-step revenue recognition policy comprising identification of the contract, identification of performance obligations, determination and allocation of the transaction price, and revenue recognition when performance obligations are satisfied. Advance payments are presented as contract liabilities.