Adoption of the revenue recognition accounting standard from FY2022
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2023-Q1.
64 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers is presented in the notes to the financial statements under Segment Information and Other Notes.」
Following the application of the Revenue Recognition Accounting Standard, disaggregated revenue information continues to be disclosed in the notes to segment information and other disclosures. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and other applicable standards were applied from the beginning of the 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 reconfirms that the Revenue Recognition Accounting Standard has been applied from the beginning of the interim period and states that its impact on the financial statements is immaterial. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Accounting Standard”) and other applicable standards were applied from the beginning of the first quarter of the current 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. The impact of applying these standards on the consolidated financial statements for the first quarter of the current fiscal year is immaterial.」
The accounting standard for revenue recognition, which had been scheduled for application from the fiscal year ending March 2022, was applied from the beginning of the first quarter of the current fiscal year. The company states that the impact on the financial statements is immaterial. - FY2021AdvancedAnnual report
「The Accounting Standard for Revenue Recognition and the Guidance on Accounting Standard for Revenue Recognition are scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact of applying these standards is expected to be immaterial.」
The company maintained its planned timing for applying the accounting standard for revenue recognition and estimated that the impact of its application would be immaterial. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) is scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
The bank planned to adopt the new revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and was assessing the impact.