Application of the Accounting Standard for Revenue Recognition for the Fiscal Year Ending March 2022
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the current first quarter of the consolidated fiscal year. Accordingly, the key management indicators and other information for the cumulative first quarter reflect application of these accounting standards and related standards.」
The revenue recognition accounting standard was applied as scheduled from the beginning of the current first quarter. The impact on operating revenue and other items was immaterial, while the opening balance of retained earnings decreased by ¥35 million. - FY2021RestatedAnnual 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 policy of applying the revenue recognition standard from the beginning of the fiscal year ending March 2022 and evaluating the impact remains unchanged. - FY2019First statedAnnual 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 disclosed that it plans to apply the new accounting standards on revenue recognition and related standards from the beginning of the fiscal year ending March 2022 and is evaluating the impact.