Preparation for Applying the Revenue Recognition Accounting Standard
First written in FY2019. 1 of 5 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022.
- FY2022Quantifying the full-year impact of the revenue recognition accounting standardAnnual report
「As a result, operating revenue for the consolidated fiscal year decreased by ¥19,279 million, while the impact on operating profit, ordinary profit and profit before income taxes for the fiscal year was immaterial.」
The company disclosed that full-year application of the revenue recognition accounting standard and related guidance reduced operating revenue by ¥19.279 billion, while the impact on profit was immaterial. - FY2022-Q3Update to the impact of adopting the revenue recognition standardAnnual report
「As a result, operating revenue for the nine months ended the third quarter decreased by ¥13,397 million, while the impact on operating profit, ordinary profit and profit before income taxes for the quarter was immaterial.」
The company disclosed that application of the revenue recognition accounting standard reduced operating revenue for the nine months ended the third quarter by ¥13.397 billion, while the impact on profit was immaterial. - FY2022-Q2Details of the impact of applying the revenue recognition standardAnnual report
「As a result, operating revenue for the six months ended the second quarter decreased by ¥11,275 million, while the impact on operating loss, ordinary profit and profit before income taxes for the quarter was immaterial.」
While continuing to apply the revenue recognition accounting standard, the company disclosed the specific impact amount: operating revenue decreased by ¥11.275 billion, while the impact on profit or loss was immaterial. - FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards 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 company began applying the revenue recognition accounting standard, which had been disclosed as part of preparations for adoption from the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. - FY2019First statedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company disclosed plans to apply the accounting standards and other guidance on revenue recognition from the fiscal year ending March 2022.