Adoption of revenue recognition accounting standards
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
50 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「As a result, the impact on profit or loss for the fiscal year was immaterial. There was no impact on retained earnings at the beginning of the period.」
The company confirmed that, even after applying the revenue recognition accounting standard for the full fiscal year, the impact on profit or loss was immaterial and there was no impact on retained earnings at the beginning of the period. - FY2022-Q3RestatedAnnual report
「As a result, the impact on profit or loss for the nine months ended 31 December 2021 was immaterial. There was no impact on retained earnings at the beginning of the period.」
The company reconfirmed that, for the revenue recognition accounting standard and related standards applied from the first quarter, the impact on profit or loss for the nine months ended 31 December 2021 was immaterial and there was no impact on retained earnings at the beginning of the period. - FY2022-Q2RestatedAnnual report
「As a result, the impact on profit or loss for the six months ended 30 September 2021 was immaterial. There was no impact on retained earnings at the beginning of the period.」
The company reconfirmed that, for the revenue recognition accounting standard and related standards applied from the first quarter, the impact on profit or loss for the six months ended 30 September 2021 was immaterial and there was no impact on retained earnings at the beginning of the period. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and related guidance have been applied from the beginning of the first quarter of the current fiscal year, and 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.」
Beginning with the first quarter commencing 1 April 2021, the company applied the revenue recognition accounting standard and related standards, changing its revenue recognition methods, including recognizing transactions for which it acts as an agent on a net basis equal to the related commission. The impact on profit or loss and the impact on retained earnings at the beginning of the period were stated to be immaterial or nil.