Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2022-Q1.
23 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Group adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The revenue recognition accounting standard and other standards, previously scheduled for application from the fiscal year ending March 2022, were applied from the beginning of the current first quarter of the fiscal year. The impact on profit or loss and the beginning balance of retained earnings was deemed immaterial. - FY2021AdvancedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact is expected to be immaterial.」
The scheduled application timing for the revenue recognition accounting standard was maintained, and its impact on the financial statements was assessed as immaterial. - FY2019RestatedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. The impact is under assessment as of the preparation of these consolidated financial statements.」
The revenue recognition accounting standard is scheduled to be applied from the fiscal year ending March 2022, and its impact continues to be assessed. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 30 March 2018) are scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact is being assessed in preparing these consolidated financial statements.」
It was stated that the new revenue recognition accounting standard was scheduled to be applied from the beginning of the fiscal year ending March 2022, and that its impact on the financial statements was still being assessed.