Application of the Accounting Standard for Revenue Recognition in the Fiscal Year Ending August 2022
First written in FY2018. 6 of 8 entries say "Restated". Latest entry: FY2023-Q3.
64 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「We applied the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the first quarter of the current consolidated fiscal year and, in accordance with the transitional treatment prescribed in paragraph 27-2 of the guidance, applied the new accounting policies prescribed by the guidance prospectively. There was no impact on the quarterly consolidated financial statements.」
We applied the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the first quarter of the consolidated fiscal year and reconfirmed that it will continue to be applied and has no impact on the financial statements. - FY2022RestatedAnnual report
「As a result, revenue for the current consolidated fiscal year increased by 4,743,345 thousand yen, cost of sales increased by 3,867 thousand yen, selling, general and administrative expenses increased by 4,744,501 thousand yen, and operating income, ordinary income and profit before income taxes decreased by 5,023 thousand yen each.」
For the revenue recognition accounting standard already applied, the full-year impact was disclosed: revenue and selling, general and administrative expenses increased by 4,743,345 thousand yen and 4,744,501 thousand yen, respectively, while each profit measure decreased by 5,023 thousand yen. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period increased by 3,594,381 thousand yen, cost of sales decreased by 5,261 thousand yen, selling, general and administrative expenses increased by 3,602,479 thousand yen, and operating income, ordinary income and profit before income taxes decreased by 2,836 thousand yen each.」
For the revenue recognition accounting standard already applied, the impact on revenue, selling, general and administrative expenses and profit for the first nine months was disclosed. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the first six months of the current consolidated cumulative period increased by 2,437,021 thousand yen, cost of sales increased by 407 thousand yen, selling, general and administrative expenses increased by 2,439,212 thousand yen, and operating income, ordinary income and profit before income taxes decreased by 2,597 thousand yen each.」
For the revenue recognition accounting standard already applied, the impact for the first six months was disclosed. Revenue and selling, general and administrative expenses increased by 2,437,021 thousand yen and 2,439,212 thousand yen, respectively, while each profit measure decreased by 2,597 thousand yen. - FY2022-Q1AchievedAnnual report
「As a result of applying the Accounting Standard for Revenue Recognition and related guidance 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, revenue for the first nine months of the current consolidated cumulative period increased by 1,185,864 thousand yen, cost of sales decreased by 10,934 thousand yen, selling, general and administrative expenses increased by 1,195,433 thousand yen, and operating income, ordinary income and profit before income taxes increased by 1,365 thousand yen each.」
The planned Accounting Standard for Revenue Recognition was applied from the beginning of the first quarter of the fiscal year ending August 2022, changing the recognition methods for principal-agent transactions, transactions with rights of return and customer point programs. The impact on revenue and other items was also disclosed. - FY2021RestatedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: Adoption will begin at the start of the fiscal year ending August 2022.」
We reconfirmed that we plan to apply the accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending August 2022, and also explained the main impact of changing sales at self-managed sales floors to gross presentation. - FY2020RestatedAnnual report
「The company will apply the standard from the beginning of the fiscal year ending August 2022.」
We plan to apply the accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending August 2022, and are assessing the impact. - FY2018First statedAnnual report
「Scheduled application date: The standard will be applied from the beginning of the fiscal year ending August 2022. The amount of the impact of applying the accounting standards and related guidance is currently being assessed.」
We plan to apply the Accounting Standard for Revenue Recognition and related guidance from the beginning of the fiscal year ending August 2022, and are assessing the impact on the consolidated financial statements.