Application of the Revenue Recognition Standard
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
94 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「Revenue from contracts with customers to which the Accounting Standard for Revenue Recognition applies is recognized when it is determined that the performance obligation (provision of services) is satisfied when, or as, the customer obtains the benefits.」
The policy of recognizing revenue from contracts with customers when, or as, performance obligations are satisfied continues to be applied. - 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 policy for applying the Revenue Recognition Accounting Standard and related standards continued to be disclosed in the annual results, and the impact on the consolidated financial statements was considered immaterial. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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 and related standards continue to be applied from the beginning of the period, with revenue recognized when control is transferred to the customer. The impact on the financial statements was considered immaterial. - 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 Revenue Recognition Accounting Standard and related standards continue to be applied from the beginning of the interim period, with revenue recognized when control is transferred to the customer. The impact was considered immaterial. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards were applied from the beginning of the first quarter 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. The transitional treatment prescribed in the proviso to paragraph 84 of the Revenue Recognition Accounting Standard and related standards has been applied, and the impact on the quarterly consolidated financial statements is immaterial.」
The Revenue Recognition Accounting Standard and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year, and the accounting policy was changed to recognize revenue when control is transferred to the customer. The impact on the financial statements was described as immaterial.