Application of the Accounting Standard for Revenue Recognition
First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
92 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the 57th fiscal year. Accordingly, key management indicators and other information for the 57th fiscal year onward are based on the application of those accounting standards and other standards.」
The company continues to apply the accounting policy of applying the revenue recognition accounting standards and other standards from the beginning of the 57th fiscal year. - FY2024RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the 57th fiscal year. Accordingly, key management indicators and other information for the 57th fiscal year onward are based on the application of those accounting standards and other standards.」
The company continues to apply the accounting policy of applying the revenue recognition accounting standards and other standards from the beginning of the 57th fiscal year. - FY2023-Q3RestatedAnnual report
「The “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied from the beginning of the first quarter 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 company continues to apply the accounting policy of applying the revenue recognition accounting standards and other standards from the beginning of the first quarter accounting period and recognizing revenue when control is transferred. There is no impact on profit or loss or the beginning balance of retained earnings. - FY2023-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer. This adoption had no effect on profit or loss for the six-month period.」
The company applied the revenue recognition accounting standards and other standards from the beginning of the fiscal year on 1 March 2022 and changed to a method of recognizing revenue when control is transferred. The transitional treatment was applied, and there was no impact on quarterly profit or loss or the beginning balance of retained earnings.