Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2023-Q1. 1 of 2 entries say "Restated". Latest entry: FY2023-Q2.
20 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards. 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 application of the revenue recognition accounting standards and related standards from the beginning of the first quarter continues to be disclosed, with the impact on the financial statements described as immaterial. - FY2023-Q1First statedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter the “Revenue Recognition Standard”) and related standards from the beginning of the current first-quarter accounting period. 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 accounting standards and related standards from the beginning of the first quarter of the current fiscal year, changing its approach to the timing of revenue recognition and the amounts recognized. The filing states that there was no impact on retained earnings at the beginning of the period and that the impact on the quarterly financial statements was immaterial.