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Chuo Warehouse (9319) · InitiativeCited as achieved

Adoption of the Accounting Standard for Revenue Recognition in the Fiscal Year Ending March 2022

First written in FY2018. 4 of 8 entries say "Restated". Latest entry: FY2022-Q3.

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ProgressHeldSoftenedWorseRestatedFY2018 – FY20212018: 220182019: 120192020: 120202021: 320212022: 1
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Impact of Applying Revenue Recognition Accounting Standards on Financial StatementsA theme 367 companies write about · 219 as a headwind · 11 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 367 threads.
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  1. FY2022-Q3Cited as achievedAnnual report

    「As a result, both operating revenue and operating costs for the cumulative third quarter of the current consolidated fiscal year decreased by ¥3,449.259 million, but there was no impact on selling, general and administrative expenses, operating income, ordinary income or quarterly net income attributable to owners of the parent.」

    The company reports that, following application of the accounting standard for revenue recognition, operating revenue and operating costs for the cumulative third quarter decreased by ¥3,449.259 million each, while there was no impact on operating income or other profit figures.
  2. FY2022-Q2Cited as achievedAnnual report

    「As a result, both operating revenue and operating costs for the cumulative second quarter of the current consolidated fiscal year decreased by ¥2,137.261 million, but there was no impact on selling, general and administrative expenses, operating income, ordinary income or quarterly net income attributable to owners of the parent.」

    The company reports that, following application of the accounting standard for revenue recognition, operating revenue and operating costs decreased by ¥2,137.261 million, while there was no impact on operating income or other profit figures.
  3. FY2022-Q1AchievedAnnual report

    「We have applied 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.」

    The accounting standard for revenue recognition, which had been scheduled for application from the fiscal year ending March 2022, was applied from the beginning of the first quarter of the current fiscal year. Some revenue from the international freight handling business changed from gross to net recognition.
  4. FY2021RestatedAnnual report

    「We will apply it from the beginning of the fiscal year ending March 2022.」

    The planned application of the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 is reiterated, with the impact currently under assessment.
  5. FY2020RestatedAnnual report

    「We will apply it from the beginning of the fiscal year ending March 2022.」

    The planned application of the accounting standards for revenue recognition and related standards from the beginning of the fiscal year ending March 2022 is reiterated, with the impact still under assessment.
  6. FY2019RestatedAnnual report

    「We will apply it from the beginning of the fiscal year ending March 2022.」

    The Accounting Standard for Revenue Recognition is scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact continues to be assessed.
  7. FY2019-Q1RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative first quarter of the current consolidated fiscal year.」

    No new changes regarding the planned application of the accounting standard for revenue recognition are reported in this quarterly report.
  8. FY2018First statedAnnual report

    「The “Accounting Standard for Revenue Recognition” and related standards will be applied beginning at the start of the fiscal year ending March 2032.」

    The company plans to apply the new revenue recognition accounting standard from the beginning of the fiscal year ending March 2022, and is currently assessing its impact on the consolidated financial statements.
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Chuo Warehouse's next results are scheduled for 2026-11-09. Read the earnings preview
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Adoption of the Accounting Standard for Revenue Recognition in the Fiscal Year Ending March 2022 | Chuo Warehouse Co.,Ltd. (9319) | Komori