Accounting Standard for Revenue Recognition Scheduled for Application in the Fiscal Year Ending February 2023
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2023-Q2.
- FY2023-Q2AchievedAnnual report
「We applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the 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 transfers to the customer.」
The revenue recognition accounting standards and related guidance, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were actually applied from the beginning of the first quarter of the fiscal year. The impact on earnings for the cumulative second quarter was considered immaterial. - FY2020RestatedAnnual report
「We plan to apply the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 30 March 2018) and the “Implementation Guidance on Accounting Standard for Revenue Recognition” (ASBJ Guidance No. 30, 30 March 2018) from the beginning of the fiscal year ending February 2023.」
The policy of applying the revenue recognition accounting standards and related guidance from the beginning of the fiscal year ending February 2023 continued. - FY2019First statedAnnual report
「We plan to apply the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 30 March 2018) and the “Implementation Guidance on Accounting Standard for Revenue Recognition” (ASBJ Guidance No. 30, 30 March 2018) from the beginning of the fiscal year ending February 2023.」
The disclosure stated that the comprehensive accounting standards for revenue recognition were scheduled to be applied from the beginning of the fiscal year ending February 2023 and that the impact was under assessment.