Preparations to Apply the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
First written in FY2018. 7 of 9 entries say "Restated". Latest entry: FY2026-H1.
115 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」
The company reconfirmed that there had been no material changes from the previous fiscal year in the accounting estimates or the assumptions used in making those estimates. - FY2024RestatedAnnual report
「For these construction contracts, the company determined that the performance obligations are satisfied over a period of time. Progress toward satisfying the performance obligations is estimated primarily using an input method based on costs incurred.」
The company continues to recognize revenue over time for construction contracts following application of the Revenue Recognition Standard and continues to use the same method for estimating progress toward completion. - FY2022RestatedAnnual report
「The Revenue Recognition Standard and other standards were applied from the beginning of the current consolidated fiscal year. As a result, net sales for the fiscal year decreased by ¥26,302 million, while operating income, ordinary income and net income before income taxes and other adjustments each increased by ¥76 million.」
The impact of applying the Revenue Recognition Standard for the full fiscal year was disclosed: net sales decreased by ¥26,302 million, while operating income, ordinary income and other items increased by ¥76 million. - FY2022-Q3RestatedAnnual report
「As a result, for the cumulative first nine months of the current consolidated fiscal year, net sales decreased by ¥21,829 million, cost of sales decreased by ¥21,974 million, and selling, general and administrative expenses increased by ¥76 million. Operating income, ordinary income and quarterly net income before income taxes and other adjustments each increased by ¥68 million.」
The impact of applying the Revenue Recognition Standard from the beginning of the fiscal year ending March 2022 was disclosed: for the cumulative third quarter, net sales decreased by ¥21,829 million, while operating income, ordinary income and other items each increased by ¥68 million. - FY2022-Q2RestatedAnnual report
「The application of the Revenue Recognition Standard and other standards resulted in a ¥14,332 million decrease in net sales and increases of ¥79 million each in operating income and ordinary income.」
The impact of applying the Revenue Recognition Standard from the beginning of the fiscal year ending March 2022 was disclosed: for the cumulative second quarter, net sales decreased by ¥14,332 million, while operating income and ordinary income each increased by ¥79 million. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. 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. As a result, for the cumulative first quarter, net sales decreased by ¥5,843 million, cost of sales decreased by ¥5,890 million, and selling, general and administrative expenses increased by ¥25 million. Operating loss, ordinary loss and quarterly net loss before income taxes and other adjustments each decreased by ¥21 million.」
The accounting standard for revenue recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was applied from 1 April 2021. Changes were made including presenting agent transactions on a net basis, applying the percentage-of-completion method to construction contracts, and recording estimated sales rebates, and the impact for the quarter was also disclosed. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The accounting standard for revenue recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of its impact is currently being assessed. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The accounting standard for revenue recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of its impact is currently being assessed. - FY2018First statedAnnual report
「(2) Scheduled date of application The standards are scheduled to apply from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards and other provisions The impact of applying the Accounting Standard for Revenue Recognition and other standards on the consolidated financial statements is currently under evaluation.」
The accounting standard for revenue recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022, and its impact on the financial statements is currently being assessed.