Sotetsu Holdings (9003) · InitiativeAchieved
Application of the Revenue Recognition Standard from FY2022
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
3years
0from disclosures
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Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 424 companies write about · 254 as a headwind · 16 as a tailwind
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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 424 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been adopted from the beginning of the current first quarter of the consolidated fiscal year, and the key management indicators and other figures for the cumulative first quarter reflect application of those standards.」
The revenue recognition accounting standard, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was actually applied. Operating revenue decreased by ¥1,884 million as a result of the application. - 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. The company is currently assessing the amount of the impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements.」
The company stated that it planned to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and that the impact on the financial statements was under evaluation.