Application of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「The revenue recognition accounting standards and related standards were applied 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.」
The Revenue Recognition Standard, applied from the beginning of the fiscal year ending March 2022, continued to be applied in the annual results, with its impact disclosed as a ¥4,888 million decrease in operating revenue and a ¥30 million increase in operating income and other items. - FY2022-Q3RestatedAnnual report
「We applied the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan, Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point 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.」
The Revenue Recognition Standard, which was applied from the beginning of the fiscal year ending March 2022, continued to be applied in the current quarter. On a cumulative basis, operating revenue decreased by ¥3,025 million, operating expenses decreased by ¥3,102 million, and operating income and other items increased by ¥76 million. - FY2022-Q1AchievedAnnual report
「We applied the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan, Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the point 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.」
The Revenue Recognition Standard, which had been disclosed as 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 consolidated fiscal year. As a result, operating revenue decreased by ¥856 million, operating expenses decreased by ¥955 million, and operating income and other items increased by ¥99 million. - FY2021RestatedAnnual report
「(2) Scheduled application date To be applied from the beginning of the fiscal year ending March 2022.」
The company continues to disclose its plan to apply the accounting standard for revenue recognition and related standards from the beginning of the fiscal year ending March 2022. - FY2020RestatedAnnual report
「The scheduled application date for the “Accounting Standard for Revenue Recognition” and related standards is the beginning of the fiscal year ending March 2022.」
The company continues to disclose its plan to apply the accounting standard for revenue recognition from the beginning of the fiscal year ending March 2022. - FY2019First statedAnnual report
「“Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan, Accounting Standard No. 29, 30 March 2018) To be applied from the beginning of the fiscal year ending March 2022.」
The new accounting standard for revenue recognition and related standards were scheduled to be applied from the beginning of the fiscal year ending March 2022, with the amount of their impact on the financial statements still under assessment.