Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.
16 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The Company applied the "Accounting Standard for Revenue Recognition" and related standards from the beginning of the current interim consolidated accounting period, and will recognize revenue 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 continues to apply the revenue recognition accounting standards and related standards from the beginning of the current interim consolidated accounting period and considers the impact immaterial. - FY2022-Q1First statedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The company applied the revenue recognition accounting standards and related standards from the beginning of the first quarter of fiscal 2021 and reflected the cumulative effect in retained earnings at the beginning of the fiscal year. It stated that the impact was immaterial.