Application of the Revenue Recognition Standard
First written in FY2022-Q2. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
92 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” and related standards were applied from the beginning 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. There was no impact from the application.」
The revenue recognition accounting standard was applied for the full fiscal year, with no impact from its application confirmed. - FY2022-Q2First statedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020) 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. There was no impact from the application.」
The revenue recognition accounting standard and related standards were applied from the beginning of the current interim consolidated accounting period, changing the method of recognizing revenue to recognition when control of goods or services transfers to the customer. The application had no impact.