Preparing for adoption of the revenue recognition accounting standard in the fiscal year ending March 2022
First written in FY2019. 4 of 7 entries say "Restated". Latest entry: FY2023.
64 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company applies the Accounting Standard for Revenue Recognition and related standards, and recognizes revenue when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The Company continues to apply the accounting treatment based on the revenue recognition accounting standard adopted from the beginning of the fiscal year ending March 2022. - FY2022-Q3RestatedAnnual report
「The impact of applying the revenue recognition accounting standards and related requirements on profit or loss and retained earnings at the beginning of the fiscal year for the current third quarter cumulative consolidated period is immaterial.」
Regarding the revenue recognition accounting standard adopted from the beginning of the fiscal year ending March 2022, the Company continues to explain that its impact on profit or loss and retained earnings at the beginning of the fiscal year for the current third quarter cumulative period is immaterial. - FY2022-Q2RestatedAnnual report
「The impact of applying the revenue recognition accounting standards and related requirements on profit or loss and retained earnings at the beginning of the fiscal year for the current second quarter cumulative consolidated period is immaterial.」
Regarding the revenue recognition accounting standard adopted from the beginning of the fiscal year ending March 2022, the Company states that its impact on profit or loss and retained earnings at the beginning of the fiscal year for the current second quarter cumulative period is immaterial. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were applied from the beginning of the first quarter of the current 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 transfers to the customer.」
The revenue recognition accounting standard was adopted from the beginning of the fiscal year ending March 2022. For contract construction projects, performance obligations satisfied over time are now accounted for using a method that recognizes revenue based on the degree of progress. - FY2021The impact of adoption is expected to be immaterialAnnual report
「The impact of applying the accounting standards and related requirements on the consolidated financial statements is immaterial.」
Regarding the revenue recognition accounting standard, the Company has moved from stating that it was assessing the amount of the impact to expecting the impact to be immaterial. - FY2020RestatedAnnual report
「The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Revenue Recognition and related guidance is currently under assessment.」
The Company continues to explain that it is assessing the timing of adoption of the revenue recognition accounting standard and the amount of its impact. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022.」
Planned to apply the revenue recognition accounting standards from the beginning of the fiscal year ending March 2022 and was assessing the impact.