Preparation for Adoption of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022
First written in FY2019. 1 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「We adopted 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 current fiscal year and began recognizing revenue 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 began applying the revenue recognition accounting standards and related standards as planned from the beginning of the fiscal year ending March 2022, changing the accounting treatment for points, cemetery management services, gift certificates and coupons. - FY2021The impact of adoption was assessed as immaterial.Annual report
「The impact of applying the accounting standards for revenue recognition and related standards on the consolidated financial statements is immaterial.」
The company maintained its plan to apply the standards from the beginning of the fiscal year ending March 2022 and assessed the impact on the consolidated financial statements as immaterial. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and other standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company planned to apply the revenue recognition accounting standards and related standards from the beginning of the fiscal year ending March 2022, and stated that it was still assessing the impact on the financial statements.