Adoption of ASC 606 by Overseas Subsidiaries
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
9 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「At an overseas consolidated subsidiary applying U.S. GAAP, ASC 606, "Revenue from Contracts with Customers" (hereinafter, "ASC 606"), has been applied from the first quarter of the consolidated fiscal year.」
The company reiterates that an overseas consolidated subsidiary applying U.S. GAAP has adopted ASC 606 from the first quarter. The impact on operating profit, ordinary profit, and other items is stated to be immaterial. - FY2020-Q2RestatedAnnual report
「At an overseas consolidated subsidiary applying U.S. GAAP, ASC 606, "Revenue from Contracts with Customers" (hereinafter, "ASC 606"), has been applied from the first quarter of the consolidated fiscal year.」
The company reiterates that an overseas consolidated subsidiary applying U.S. GAAP has adopted ASC 606 from the first quarter. The impact on profit and loss is stated to be immaterial. - FY2020-Q1First statedAnnual report
「At an overseas consolidated subsidiary applying U.S. GAAP, ASC 606, "Revenue from Contracts with Customers" (hereinafter, "ASC 606"), has been applied from the first quarter of the current consolidated fiscal year.」
An overseas consolidated subsidiary applying U.S. GAAP adopted revenue recognition standard ASC 606 from the first quarter of the current fiscal year. The company states that the impact on operating profit, ordinary profit, and other items was immaterial.