Planned 2023 application of the accounting standard for revenue recognition
First written in FY2019. 3 of 8 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- FY2023Cited as achievedAnnual report
「The company applies the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the current consolidated 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.」
We applied the planned Revenue Recognition Accounting Standard and related standards from the beginning of the current fiscal year. We changed the methods used to recognise revenue from agency transactions, points and Tomonokai cards, reducing net sales by ¥32,420 million. - FY2023-Q3Cited as achievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the consolidated fiscal year. As a result, the accounting treatment of revenue differs from that in the cumulative third quarter of the previous consolidated fiscal year, so the following discussion of operating results omits changes in amounts and year-on-year changes (%).」
For the period following the planned application of the Revenue Recognition Accounting Standard, we continue to disclose the differences in accounting treatment from the same period of the previous year and the resulting limitations on comparative presentation. - FY2023-Q2Cited as achievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and related standards from the beginning of the first quarter of the consolidated fiscal year. As a result, the accounting treatment of revenue differs from that in the cumulative second quarter of the previous consolidated fiscal year, so the following discussion of operating results omits changes in amounts and year-on-year changes (%).」
For the period following the planned application of the Revenue Recognition Accounting Standard, we continue to disclose the differences in comparative presentation against the same period of the previous year and the impact of application on net sales and profit. - FY2023-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the current first-quarter consolidated accounting period.」
We applied the Accounting Standard for Revenue Recognition and related standards, which had been scheduled for application from the beginning of the fiscal year ending February 2023, from the beginning of the first quarter of the current consolidated fiscal year. We also changed the methods used to recognise revenue from agency transactions, points and Tomonokai cards. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending February 2023.」
We continue to plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending February 2023. - FY2021RestatedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending February 2023.」
We continue to plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending February 2023. - FY2020RestatedAnnual report
「“Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 30 March 2018)」
We plan to apply the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending February 2023, and are evaluating the amount of its impact. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and the Implementation Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year starting in February 2023.」
We plan to apply the new accounting standard for revenue recognition from the beginning of the fiscal year ending February 2023, and were evaluating the amount of its impact at the time of preparation.