Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter consolidated accounting period, and the new accounting policies prescribed by the guidance will be applied prospectively. This had no impact on the quarterly consolidated financial statements.」
The implementation guidance for the fair value measurement accounting standard was applied from the beginning of the first quarter, and the accounting treatment stating that there was no impact on the financial statements continued. - FY2022RestatedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the current consolidated fiscal year. Revenue is recognised at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The revenue recognition accounting standard was confirmed as having been applied from the beginning of the fiscal year throughout the full year, and revenue recognition based on the timing and period of satisfaction of performance obligations continued. - FY2022-Q2RestatedAnnual report
「The revenue recognition accounting standard and related standards were applied from the beginning of the first quarter, and 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.」
Application of the Accounting Standard for Revenue Recognition, which began in the first quarter, continued in the second quarter. It was stated that there was no material impact on revenue, operating income, ordinary income or other items. - 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.」
The Accounting Standard for Revenue Recognition, which had been scheduled for application from the beginning of the fiscal year ending March 2022, was actually applied from the beginning of the first quarter of the current fiscal year. There was no material impact on revenue, operating income or other items, and the presentation was changed to include contract assets. - FY2021RestatedAnnual report
「(2) Scheduled effective date: The standard will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and related guidance: The impact of applying the Accounting Standard for Revenue Recognition and related guidance on the consolidated financial statements is currently under assessment.」
The Accounting Standard for Revenue Recognition was scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact was stated to remain under evaluation. - FY2019First statedAnnual report
「(2) Scheduled application date: The standard will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards: The impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is currently under evaluation.」
The Accounting Standard for Revenue Recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the impact on the financial statements was stated to be under evaluation.