AlphaPolis (9467) · InitiativeAchieved
Preparing for the Adoption of New Accounting Standards for the Fiscal Year Ending March 2022
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Simultaneous application of the Revenue Recognition and Fair Value Measurement Accounting StandardsA theme 199 companies write about · 7 as a headwind · 2 as a tailwind
36 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The Company adopted the accounting standard for revenue recognition and other standards from the beginning of the first quarter of the current fiscal year, rather than from the fiscal year ending March 2022 as previously stated. As a result, quarterly net sales increased by ¥30.130 million, operating profit and other items increased by ¥4.335 million, and retained earnings at the beginning of the fiscal year decreased by ¥93.557 million. The accounting standard for fair value measurement and other standards were also adopted at the same time. - FY2021First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The Company planned to adopt the accounting standard for revenue recognition, the accounting standard for fair value measurement and other standards from the beginning of the fiscal year ending March 2022, and stated that the impact on the financial statements was under evaluation as of that date.