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Taka-Q (8166) · PolicyRestated

Preparation for Adoption of the Revenue Recognition Standard

First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2023.

5entries
5years
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ProgressHeldSoftenedWorseFirst statedFY2019 – FY2020RestatedFY2023-Q2 – FY20232019: 120192020: 120202021: 020212022: 220222023: 12023
Same theme, other companies

4 other companies' latest entry also says "Restated".

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  1. FY2023RestatedAnnual report

    「The Company has applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other requirements from the beginning of the current 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.」

    The Company applied the Revenue Recognition Standard from the beginning of the current fiscal year and continues to recognize revenue from points and other items using the same method.
  2. FY2023-Q2RestatedAnnual report

    「The Company has applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and other requirements from the beginning of the cumulative first-quarter period. The key management indicators and other metrics for the cumulative second-quarter period therefore reflect application of these accounting standards and other requirements.」

    The Company has reconfirmed that it is applying the revenue recognition accounting standards and other requirements from the beginning of the cumulative first-quarter period of the current fiscal year.
  3. FY2023-Q1AchievedAnnual report

    「The Company has applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and other requirements from the beginning of the cumulative first-quarter period. The key management indicators and other metrics for the cumulative first-quarter period therefore reflect application of these accounting standards and other requirements.」

    The revenue recognition accounting standards and other requirements that had been scheduled for adoption from the beginning of the fiscal year ending February 2023 began to be applied from the beginning of the cumulative first-quarter period.
  4. FY2020RestatedAnnual report

    「Scheduled adoption date for the Accounting Standard for Revenue Recognition and other standards: adoption from the beginning of the fiscal year ending February 2023.」

    The Company plans to apply the revenue recognition accounting standards and other requirements from the beginning of the fiscal year ending February 2023 and continues to assess the impact.
  5. FY2019First statedAnnual report

    「Scheduled adoption date for the “Accounting Standard for Revenue Recognition” and other requirements: The standards will be applied from the beginning of the fiscal year ending February 2023.」

    The Company plans to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the beginning of the fiscal year ending February 2023, and stated that it is currently assessing the impact on the financial statements.
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Preparation for Adoption of the Revenue Recognition Standard | Taka-Q Co.,Ltd. (8166) | Komori