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Daiseki (9793) · InitiativeAchieved

Preparation for the Adoption of Revenue Recognition and Accounting Estimate Disclosure Standards

First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2023-Q1.

3entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021AdvancedFY2022 – FY2023-Q12021: 120212022: 22022
Same theme, other companies
Implementation and Disclosure Responses for New Accounting StandardsA theme 113 companies write about · 1 as a headwind · 0 as a tailwind

66 other companies' latest entry also says "Achieved".

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 113 companies compared. The sentences above are computed from all 113.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q1AchievedAnnual report

    「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter of the current fiscal year. Revenue is recognised 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 Standard for Revenue Recognition and related standards, which were scheduled to be applied from the beginning of the fiscal year ending February 2023, were applied from the beginning of the first quarter of the current fiscal year. The Company also changed the recognition of revenue from agency transactions to a net basis and states that there was no impact on profit.
  2. FY2022AdvancedAnnual report

    「We applied the “Accounting Standard for Disclosure of Accounting Estimates” (Accounting Standard No. 31, 31 March 2020) from the consolidated financial statements for the fiscal year-end and included notes on significant accounting estimates in the consolidated financial statements.」

    The Accounting Standard for Disclosure of Accounting Estimates was applied as planned from the end of the fiscal year ending February 2022, and notes concerning significant accounting estimates were disclosed.
  3. FY2021First statedAnnual report

    「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending February 2023. The Accounting Standard for Disclosure of Accounting Estimates will be applied from the end of the fiscal year ending February 2022.」

    For the first time, the Company states that it plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the fiscal year ending February 2023, and the Accounting Standard for Disclosure of Accounting Estimates from the end of the fiscal year ending February 2022.
Moved together

"Increasing Market Share and Improving Profitability" moved the same way as this thread, in the same document, in 2 of its 3 moves.

2222★1234
  1. ★This thread
  2. 1Increasing Market Share and Improving Profitability2×
  3. 2Shareholder Returns Targeting a Dividend Payout Ratio of at Least 30%2×
  4. 3Record First-Quarter Net Profit Attributable to Owners of the Parent2×
  5. 4Repurchase of 600,000 Shares2×

★ 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.

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Preparation for the Adoption of Revenue Recognition and Accounting Estimate Disclosure Standards | Daiseki Co.,Ltd. (9793) | Komori