Planned application of the Revenue Recognition Accounting Standard for the fiscal year ending February 2023
First written in FY2019. 2 of 7 entries say "Restated". Latest entry: FY2023.
4 other companies' latest entry also says "Other".
- FY2023Finalization of the full-year impact of applying the revenue recognition standardAnnual report
「As a result, for the fiscal year, net sales decreased by ¥90.673 million and cost of sales decreased by ¥91.446 million. Operating income, ordinary income and profit before income taxes increased by ¥773 thousand each. The opening balance of retained earnings brought forward also decreased by ¥4.264 million.」
Discloses the full-year impact of applying the revenue recognition standard and related standards on net sales, cost of sales, profit and retained earnings brought forward. - FY2023-Q3Update to the impact of applying the revenue recognition standardAnnual report
「As a result, for the nine months ended the third quarter of the current fiscal year, net sales decreased by ¥60.291 million and cost of sales decreased by ¥60.135 million. Operating income, ordinary income and profit before income taxes decreased by ¥156 thousand each. The opening balance of retained earnings also decreased by ¥4.264 million.」
Updates the impact of applying the revenue recognition standard and related standards on net sales, cost of sales, profit and retained earnings for the nine months ended the third quarter. - FY2023-Q2Update to the impact of applying the revenue recognition standardAnnual report
「As a result, for the six months ended the second quarter of the current fiscal year, net sales decreased by ¥35.052 million and cost of sales decreased by ¥34.546 million. Operating income, ordinary income and profit before income taxes decreased by ¥505 thousand each. The opening balance of retained earnings also decreased by ¥5.096 million.」
Discloses the impact of applying the revenue recognition standard on net sales, cost of sales, profit and retained earnings for the six months ended the second quarter. - FY2023-Q1AchievedAnnual report
「We have applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter of the current fiscal year. Key management indicators for the six months ended 30 June reflect application of these standards.」
The company applied the revenue recognition standard, which had been scheduled for application from the beginning of the fiscal year ending February 2023, from the beginning of the first quarter of the current fiscal year. It changed the period allocation of admission fee revenue and adopted net presentation as an agent, reducing net sales by ¥16.801 million and the opening balance of retained earnings by ¥5.096 million. - FY2021RestatedAnnual report
「Planned effective date for the Accounting Standard for Revenue Recognition, etc. The company will apply the standard from the beginning of the fiscal year ending February 2023.」
Reiterates the plan to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending February 2023. - FY2020RestatedAnnual report
「Planned effective date for the Accounting Standard for Revenue Recognition, etc. The company will apply the standard from the beginning of the fiscal year ending February 2023.」
The company reiterates that it plans to apply the Accounting Standard for Revenue Recognition and other standards from the beginning of the fiscal year ending February 2023. - FY2019First statedAnnual report
「Planned effective date for the Accounting Standard for Revenue Recognition, etc. The company will apply the standard from the beginning of the fiscal year ending February 2023.」
The company plans to apply the Accounting Standard for Revenue Recognition and related implementation guidance from the beginning of the fiscal year ending February 2023, and is evaluating the impact on the financial statements.