Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.
- FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other 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 change in accounting policy had no impact on the quarterly consolidated financial statements.」
The company continued to explain that the Revenue Recognition Standard was applied from the beginning of the first quarter and that it had no impact on the financial statements. - FY2022-Q1First statedAnnual 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 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 change in accounting policy had no impact on the quarterly consolidated financial statements.」
The Revenue Recognition Standard and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year, changing the timing of revenue recognition. The company stated that this had no impact on the quarterly consolidated financial statements.