Preparing to Apply the Revenue Recognition Accounting Standard for the Fiscal Year Ending February 2023
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
10 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards have been applied from the beginning of the first-quarter consolidated 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 revenue recognition accounting standard scheduled for application from the fiscal year ending February 2023 was actually applied from the beginning of the first-quarter accounting period on 1 March 2022. - FY2020First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 30 March 2018) is scheduled to be applied from the beginning of the fiscal year ending February 2023. The amount of the impact is being assessed in the preparation of these consolidated financial statements.」
The new accounting standard for revenue recognition is scheduled to be applied from the beginning of the fiscal year ending February 2023, and the impact on the financial statements is being assessed.