Future Adoption of the New Accounting Standard and Impact Assessment
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「Our group has 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 consolidated fiscal year.」
The revenue recognition standards and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year. The company also changed its accounting treatment, including abolishing the provision for sales returns, recording refund liabilities and presenting agent transactions on a net basis. - FY2021RestatedAnnual report
「The revenue-recognition accounting standard and related standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
The company reaffirmed its previous policy of applying the revenue recognition standard from the beginning of the fiscal year ending March 2022 and assessing the impact. - FY2019RestatedAnnual report
「The revenue-recognition accounting standard and related standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
The company reaffirmed its plan to apply the revenue recognition standards and related standards from the beginning of the fiscal year ending March 2022. - FY2018First statedAnnual report
「The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Revenue Recognition and related guidance is currently under assessment.」
The company stated that it planned to apply the revenue recognition standards and related standards from the beginning of the fiscal year ending March 2022 and was assessing the impact on the financial statements.