Komori
Grandy House (8999) · PolicyRestated

Application of the Accounting Standard for Revenue Recognition and Other Standards

First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.

4entries
2years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2022-Q1 – FY20222021: 220212022: 22022
Same theme, other companies
Accounting policy change due to application of the Revenue Recognition Accounting Standard with no impactA theme 38 companies write about · 0 as a headwind · 0 as a tailwind

33 other companies' latest entry also says "Restated".

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Showing 14 of the 38 companies compared. The sentences above are computed from all 38.
Full recordFilings, disclosures and news, newest first
  1. FY2022RestatedAnnual report

    「The Company applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the current consolidated fiscal year, and」

    The Company continues to apply the Revenue Recognition Standard from the beginning of the current consolidated fiscal year and uses figures after retrospective application for the prior consolidated fiscal year.
  2. FY2022-Q3RestatedAnnual report

    「The Company applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the first quarter of the consolidated fiscal year, and」

    The Company continues to apply the Revenue Recognition Standard introduced from the first quarter and uses figures after retrospective application for the prior-year comparative period.
  3. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “revenue recognition standard”) and related standards were applied from the beginning of the first quarter of the current 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.」

    For the accounting standard for revenue recognition applied from the first quarter, the Company continues to disclose figures for the current quarter and comparative figures after retrospective application.
  4. FY2022-Q1First statedAnnual report

    「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the current first-quarter consolidated accounting period, and now recognize revenue at the point 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 applied the accounting standard for revenue recognition and other standards from the beginning of the first quarter of the current consolidated fiscal year and changed its revenue recognition method. Figures for the prior-year quarter and the prior consolidated fiscal year are presented after retrospective application.
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