Application of the Revenue Recognition Standard from the Fiscal Year Ending February 2023
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2023.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「As a result, revenue decreased by ¥12,092.958 million, cost of sales decreased by ¥10,884.788 million, operating revenue decreased by ¥22.075 million and selling, general and administrative expenses decreased by ¥1,230.245 million during the current consolidated fiscal year.」
The company specifically disclosed the amount of the impact of the applied revenue recognition accounting standard on full-year revenue, cost of sales, operating revenue and selling, general and administrative expenses. - FY2023-Q3RestatedAnnual report
「As a result, revenue decreased by ¥8,931.024 million, cost of sales decreased by ¥8,014.524 million, operating revenue increased by ¥5.082 million and selling, general and administrative expenses decreased by ¥911.417 million during the nine-month period of the current consolidated fiscal year.」
The company specifically disclosed the amount of the impact of the applied revenue recognition accounting standards on revenue, cost of sales, operating revenue and selling, general and administrative expenses for the nine-month period. - FY2023-Q2RestatedAnnual report
「As a result, revenue decreased by ¥5,976.510 million, cost of sales decreased by ¥5,364.964 million, operating revenue decreased by ¥7.047 million and selling, general and administrative expenses decreased by ¥618.593 million during the six-month period of the current consolidated fiscal year.」
The company specifically disclosed the amount of the impact of the applied revenue recognition accounting standard on revenue and other items for the year-to-date period. - FY2023-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 accounting standards and related guidance on revenue recognition, which had been scheduled for application from the fiscal year ending February 2023, were actually applied from the beginning of the first quarter of the current fiscal year. - FY2021RestatedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending February 2023. The amount of the impact is being evaluated in preparing the current consolidated financial statements.」
The company plans to apply the accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending February 2023 and continues to assess the amount of the impact. - FY2019First statedAnnual report
「The company states that it plans to apply the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 30 March 2018) and the Implementation Guidance on Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Guidance No. 30, 30 March 2018) from the beginning of the fiscal year ending February 2023, and that the amount of the impact was still being assessed when the consolidated financial statements were prepared.」
The company states that it plans to apply the new accounting standards and related guidance on revenue recognition from the beginning of the fiscal year ending February 2023, with the amount of the impact still under assessment.