Future Application of the Accounting Standard for Revenue Recognition
First written in FY2018. 7 of 9 entries say "Restated". Latest entry: FY2026.
93 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and the Implementation Guidance on Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Guidance No. 30, 26 March 2021).」
The Company continues to apply the Revenue Recognition Standard and other standards. - FY2023RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and the Implementation Guidance on Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Guidance No. 30, 26 March 2021).」
Continues to apply the accounting standard for revenue recognition and related guidance and describes the revenue recognition methods for the logistics, real estate and printing businesses. - FY2022RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and related guidance from the beginning of the current consolidated 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 is transferred to the customer.」
Continues to apply the accounting standard for revenue recognition and related guidance and discloses the impact for the current fiscal year, including a ¥4.442 million decrease in net sales, operating income and other items. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards have been applied from the beginning of the first quarter of the fiscal year. Revenue is recognized 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.」
Continues to apply the accounting standard for revenue recognition and related guidance and discloses the impact for the cumulative third quarter, including a ¥221.199 million decrease in net sales and a ¥23.394 million decrease in operating income, ordinary income and other items. - FY2022-Q2RestatedAnnual report
「As a result, net sales, operating income, ordinary income and profit before income taxes for the cumulative second quarter decreased by ¥3.277 million each. The opening balance of retained earnings decreased by ¥5.792 million.」
Continues to apply the accounting standard for revenue recognition and related guidance and discloses the impact on net sales, operating income and ordinary income, among other items, for the cumulative second quarter. - FY2022-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Key management indicators for the six months ended 30 June reflect application of these standards.」
Adopted the accounting standard for revenue recognition and related guidance, which had been scheduled for adoption by the previous fiscal year, from the beginning of the first quarter of the current fiscal year. As a result of the adoption, net sales, operating income and ordinary income, among other items, decreased by ¥5.164 million. - FY2020RestatedAnnual report
「(2) Scheduled date of adoption The standard is scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
Reiterates the policy of adopting the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022 and evaluating the amount of the impact. - FY2019RestatedAnnual report
「(2) Scheduled date of adoption The standard is scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
Reiterates the policy of adopting the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022 and evaluating the amount of the impact. - FY2018First statedAnnual report
「• Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 30 March 2018) (1) Overview This is a comprehensive accounting standard for revenue recognition. Revenue is recognized by applying the following 5 steps. Step 1: Identify the contract with a customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to the performance obligations in the contract. Step 5: Recognize revenue when, or as, the performance obligation is satisfied. (2) Scheduled date of adoption The standard is scheduled to be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standard and related guidance The amount of the impact is being evaluated as of the preparation of these consolidated financial statements.」
Newly discloses the comprehensive accounting standard for revenue recognition, recognition under the 5-step model, planned adoption from the beginning of the fiscal year ending March 2022, and the fact that the impact is still being evaluated.