Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Company adopted 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 fiscal year. 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 transfers to the customer.」
The Company applied the revenue recognition accounting standard, as previously planned, from the beginning of the first quarter and stated that it had no impact on the financial statements. - FY2020RestatedAnnual report
「The standard was scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The Company continues to disclose that it plans to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022. - FY2018First statedAnnual report
「The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 30 March 2018) and the “Implementation Guidance on the 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 Company planned to apply the new revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and stated that the amount of its impact was still being assessed.