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Sankyo Frontier (9639) · InitiativeRestated

Application of the revenue-recognition accounting standard from the fiscal year ending March 2022

First written in FY2019. 4 of 7 entries say "Restated". Latest entry: FY2022.

7entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2020RestatedFY2022-Q2 – FY20222019: 120192020: 120202021: 320212022: 22022
Same theme, other companies
General implementation of the Accounting Standard for Revenue Recognition (no impact)A theme 42 companies write about · 0 as a headwind · 0 as a tailwind

17 other companies' latest entry also says "Restated".

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 42 companies compared. The sentences above are computed from all 42.
Full recordFilings, disclosures and news, newest first
  1. FY2022RestatedAnnual report

    「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the consolidated fiscal year. Revenue is now 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 company continues to apply the revenue recognition standards adopted from the beginning of the fiscal year ending March 2022. There was no impact on the beginning balance of retained earnings or profit or loss for the year.
  2. FY2022-Q3RestatedAnnual report

    「The Accounting Standard for Revenue Recognition and related standards were applied from the beginning of the first quarter of the consolidated accounting period. 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 company continues to apply the accounting standards related to revenue recognition adopted from the beginning of the fiscal year ending March 2022. It states that there was no impact on profit or loss.
  3. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Revenue Recognition and related standards were applied from the beginning of the first quarter of the consolidated accounting period. 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 company continues to apply the accounting standards related to revenue recognition adopted from the beginning of the fiscal year ending March 2022. There was no impact on the beginning balance of retained earnings or profit or loss for the cumulative second quarter.
  4. FY2022-Q1AchievedAnnual report

    「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」

    The company applied the accounting standards related to revenue recognition, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022. There was no impact on the beginning balance of retained earnings or profit or loss for the first quarter.
  5. FY2021AdvancedAnnual report

    「(2) Scheduled date of application They will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards and other applicable requirements The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and other applicable standards is immaterial.」

    The company maintained its plan to apply the revenue recognition standard from the beginning of the fiscal year ending March 2022 and assessed the impact on the consolidated financial statements as immaterial.
  6. FY2020RestatedAnnual report

    「(2) Scheduled date of adoption The standards will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards The impact of applying the Accounting Standard for Revenue Recognition and related standards on the consolidated financial statements is currently being assessed.」

    The planned application of the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending March 2022 has been reaffirmed, while the amount of the impact remains under evaluation.
  7. FY2019First statedAnnual report

    「The impact on the consolidated financial statements of applying the Accounting Standard for Revenue Recognition and other applicable standards is currently being assessed. They will be applied from the beginning of the fiscal year ending March 2022.」

    The Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022, with the impact currently under evaluation.
Moved together

"Improved earnings base driven by higher revenue and profit" moved the same way as this thread, in the same document, in 2 of its 7 moves.

22★12
  1. ★This thread
  2. 1Improved earnings base driven by higher revenue and profit2×
  3. 2A consultative sales structure integrating digital marketing with physical stores2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sankyo Frontier's next results are scheduled for 2026-11-05. Read the earnings preview
News
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