Adopting the Revenue Recognition Accounting Standard in the Fiscal Year Ending March 2022
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2026.
140 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the 99th fiscal year. Accordingly, the key management indicators and other measures for the 99th fiscal year and thereafter reflect application of those standards.」
The company reiterated that the revenue recognition accounting standard applied from the beginning of the fiscal year ending March 2022 serves as the basis for the key indicators. - FY2023RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the 99th fiscal year. Accordingly, the key management indicators and other measures for the 99th fiscal year and thereafter reflect application of those standards.」
The revenue recognition accounting standard applied from the beginning of the fiscal year ending March 2022 continued to serve as the basis for the key indicators for the current fiscal year. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the cumulative third-quarter period decreased by ¥3,818 million, cost of sales decreased by ¥3,818 million, and ordinary profit and profit before income taxes for the quarter each increased by ¥0 million. The opening balance of retained earnings increased by ¥92 million. There was no impact on operating profit.」
The company continued applying the revenue recognition accounting standard and reported that, for the cumulative third-quarter period, revenue and cost of sales each decreased by ¥3,818 million, ordinary profit and related items were unaffected, and the opening balance of retained earnings increased by ¥92 million. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the cumulative second-quarter period decreased by ¥986 million, cost of sales decreased by ¥986 million, and ordinary profit and profit before income taxes for the quarter each increased by ¥23 million. The opening balance of retained earnings increased by ¥92 million. There was no impact on operating profit.」
The company continued applying the revenue recognition accounting standard and reported a ¥986 million decrease in revenue and cost of sales and a ¥23 million increase in ordinary profit and related items for the cumulative second-quarter period. - FY2022-Q1AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first-quarter consolidated accounting period. 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. As a result, revenue for the cumulative first-quarter period decreased by ¥647 million, cost of sales decreased by ¥647 million, and ordinary profit and profit before income taxes for the quarter each increased by ¥22 million.」
The company applied the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022. Changes included net presentation for certain transactions such as licensing and revenue recognition based on the progress of video production and architectural interiors construction, with the impact for the quarter also disclosed. - FY2019First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 30 March 2018) and the Guidance on Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 30 March 2018) are scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact was being assessed when these consolidated financial statements were prepared.」
The company for the first time stated that it planned to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022, and that the impact on the financial statements was being assessed.