Preparation for the Adoption of the Revenue Recognition Standard
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022.
17 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the current consolidated fiscal year. Accordingly, 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 company continued to apply the accounting standard for revenue recognition for the full fiscal year and stated that it had no impact on the consolidated financial statements. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards were applied from the beginning of the current interim 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 company continued to apply the accounting standard for revenue recognition in the interim consolidated accounting period and stated that the adoption had no impact on the financial statements. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the cumulative first-quarter period, and now recognize 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 accounting standards and other requirements for revenue recognition from the beginning of the first quarter of the current consolidated fiscal year, which had been scheduled for FY2018. The adoption had no impact on the financial statements. - FY2018First statedAnnual report
「The Bank plans to apply the relevant accounting standards and other requirements from the beginning of the consolidated fiscal year commencing 1 April 2021.」
The company planned to apply the accounting standards and other requirements for revenue recognition from the fiscal year beginning 1 April 2021 and stated that the impact of adoption was under evaluation.