Preparing to apply the accounting standard for revenue recognition
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.
17 other companies' latest entry also says "Restated".
- 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 Group has continued to disclose that the Revenue Recognition Standard has been applied from the beginning of the first quarter of the current fiscal year. - 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 Standard was applied from the beginning of the interim consolidated accounting period, and the cumulative effect was reflected in retained earnings. The impact on the financial statements was described as immaterial. - 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 Accounting Standard for Revenue Recognition was actually applied from the beginning of the first quarter of fiscal 2021, and the impact on revenue from services and other transactions was disclosed. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022. The estimated impact on the consolidated financial statements was immaterial.」
The new accounting standard for revenue recognition was scheduled to be applied from the beginning of the fiscal year ending March 2022, with an immaterial expected impact.