Planned adoption of the revenue recognition accounting standard from the fiscal year ending March 2032
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Group applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter under review. 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 transfers to the customer.」
The company adopted the Accounting Standard for Revenue Recognition and other related standards, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. For some products sold domestically, the company changed to recognizing revenue upon acceptance inspection, increasing net sales by ¥43.825 million and operating income and other items by ¥3.820 million. - FY2020RestatedAnnual report
「(2) Scheduled adoption date The standards will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards and related guidance The impact of applying the Accounting Standard for Revenue Recognition and other standards on the consolidated financial statements is currently being assessed.」
The company continues its plan to adopt the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022. - FY2019RestatedAnnual report
「Scheduled date of adoption of the Accounting Standard for Revenue Recognition and other related standards The standards will be adopted from the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Revenue Recognition and other related standards on the consolidated financial statements is currently under assessment.」
The company continues its plan to adopt the revenue recognition standard from the beginning of the fiscal year ending March 2022 and assess the impact. - FY2018First statedAnnual report
「Scheduled date of adoption of the Accounting Standard for Revenue Recognition and other related standards The standards will be adopted from the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Revenue Recognition and other related standards on the consolidated financial statements is currently under assessment.」
The company plans to adopt the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending March 2022, and is assessing the impact on the financial statements.