Application of the Revenue Recognition Accounting Standard for the Fiscal Year Ending March 2022 and Impact Assessment
First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2022-Q3.
93 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 company applied the Accounting Standard for Revenue Recognition from the beginning of the first quarter of the current consolidated fiscal year and states that there was no impact on profit or loss or the opening balance of retained earnings for the cumulative nine-month period of the current fiscal year. - FY2022-Q1AchievedAnnual report
「The Group applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter under review. 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 transfers to the customer.」
The company applied the Accounting Standard for Revenue Recognition from the beginning of the first quarter of the fiscal year ending March 2022. It states that there was no impact on profit or loss or the opening balance of retained earnings. - FY2021AdvancedAnnual report
「(2) Scheduled date of application The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and related guidance The impact of applying the accounting standard and related guidance is immaterial.」
The company has maintained its plan to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and assesses the impact of its application as immaterial. - FY2020RestatedAnnual report
「This is a comprehensive accounting standard on revenue recognition. Revenue is recognized by applying the following five steps.」
The company reconfirmed that the Accounting Standard for Revenue Recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022 and that its impact is under assessment. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Implementation Guidance on 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 was under assessment at the time these consolidated financial statements were prepared.」
The company disclosed that it plans to apply the new revenue recognition standard from the fiscal year ending March 2022 and is assessing its impact on the financial statements.