Preparation for Adoption of the Accounting Standard for Revenue Recognition
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2023.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「As a result, compared with the figures before applying the accounting standards for revenue recognition and other applicable standards, the consolidated statement of income for the current fiscal year shows decreases of ¥4,122 million in revenue and ¥4,247 million in cost of sales, respectively, while operating loss narrowed by ¥125 million.」
The annual disclosure quantified the impact of applying the accounting standards for revenue recognition, including a ¥4,122 million decrease in revenue and a ¥125 million narrowing of operating loss. - FY2023-Q3RestatedAnnual report
「As a result, revenue and cost of sales for the nine months ended 30 November decreased by ¥3,611 million and ¥3,778 million, respectively, while operating loss narrowed by ¥167 million.」
The specific impact of applying the accounting standards for revenue recognition from the beginning of the fiscal year ending February 2023 on revenue, cost of sales and operating loss for the nine months ended 30 November was disclosed. - FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other applicable standards were applied from the beginning of the first quarter of the current fiscal year, with revenue 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 accounting standards for revenue recognition and other applicable standards, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were applied. The disclosure also describes specific changes in accounting treatment, including identifying points as performance obligations and recognizing entrusted distribution and consignment sales on a net basis as an agent. - FY2021RestatedAnnual report
「The scheduled date for applying the Accounting Standard for Revenue Recognition and other standards is the beginning of the fiscal year ending February 2023.」
It continues to be stated that the accounting standards for revenue recognition and other applicable standards are scheduled to be applied from the beginning of the fiscal year ending February 2023. - FY2020First statedAnnual report
「The scheduled date for applying the Accounting Standard for Revenue Recognition and other standards is the beginning of the fiscal year ending February 2023.」
The filing states that the revenue recognition accounting standard and related guidance were scheduled to be adopted from the beginning of the fiscal year ending February 2023, with the impact on the consolidated financial statements still under assessment.